Is 29450, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29450 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29450 has remained a Seller's Market.

Key Takeaway

29450 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29450, SC

How much do homes in 29450, SC cost?

Median Sold Price

$536,487

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$36,487(+7.3%)

Key Takeaway

Homes in 29450 have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in 29450 was $536,487 in March 2024, up 7.3% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $455.8K$482.7K
+5.9%
3 $498.4K$530K
+6.3%
4 $478K$553.7K
+15.8%
5+ $537K$580K
+8.0%

Summary: 29450 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Zip Codes

29429
+18.2%
29492
+15.1%
29450
+7.3%
29445
+1.7%

Housing Supply in 29450, SC

How many homes are available in 29450, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3736-2.7%

Summary: The 29450 real estate market had 36 homes for sale in March 2024, a 2.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1212
0.0%
4 1815
-16.7%
5+ 67
+16.7%

Summary: The 29450 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29450, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 29450 in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 29450, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in 29450, SC

Nearby Markets to 29450, SC