Is 29458, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29458 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29458 has remained a Seller's Market.

Key Takeaway

29458 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29458, SC

How much do homes in 29458, SC cost?

Median Sold Price

$584,800

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,800(+1.7%)

Key Takeaway

Homes in 29458 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 29458 was $584,800 in March 2024, up 1.7% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $350K$434.5K
+24.1%
2 $512.5K$325K
-36.6%
3 $622.5K$659K
+5.9%
4 $500K$750K
+50.0%
5+ $1.7M$670K
-60.9%

Summary: 29458 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes decreased by 36.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 60.9%.

Median Sold Price Compared To Nearby Zip Codes

29429
+18.2%
29440
+16.7%
29458
+1.7%

Housing Supply in 29458, SC

How many homes are available in 29458, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1819+5.6%

Summary: The 29458 real estate market had 19 homes for sale in March 2024, a 5.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 56
+20.0%
4 99
0.0%
5+ 12
+100.0%

Summary: The 29458 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29458, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 29458 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 29458, SC

How long does it take to sell a home in 29458, SC?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29458 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 5 homes were sold in 29458; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in 29458, SC

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