Is 29440, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 29440 was a Seller's Market.
Housing Prices in 29440, SC
How much do homes in 29440, SC cost?
Median Sold Price
$359,630
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 29440 was $359,630 in February 2024, up 17.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | - | N/A |
2 Bedrooms | $169.9K | $228.9K | +34.7% |
3 Bedrooms | $274.5K | $317K | +15.5% |
4 Bedrooms | $397.6K | $426K | +7.1% |
5+ Bedrooms | $1.1M | $1.7M | +52.9% |
Summary: 29440 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 52.9%.
Housing Supply in 29440, SC
How many homes are available in 29440, SC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
128 | 124 | -3.1% |
Summary: The 29440 real estate market had 124 homes for sale in February 2024, a 3.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 68 | 66 | -2.9% |
4 Bedrooms | 39 | 38 | -2.6% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 29440 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 13 | -40.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 29440 in February 2024, down by 40.9% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for 29440, SC
How long does it take to sell a home in 29440, SC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
160 Days | 125 Days | -21.8% |
Summary: Homes in 29440 had an average of 125 days on market in Feb 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in 29440; 0% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.