Is 29461, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29461 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29461 was a Seller's Market.

Key Takeaway

29461 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 29461, SC

How much do homes in 29461, SC cost?

Median Sold Price

$377,897

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$241(-0.1%)

Key Takeaway

The sold price of homes in 29461 has remained the same since last year.

Summary: The median home sold price in 29461 was $377,897 in March 2024, down 0.1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $121K$160K
+32.2%
2 $265K$489.9K
+84.9%
3 $336.4K$336.7K
0.1%
4 $389.2K$387.9K
-0.3%
5+ $429.9K$447.9K
+4.2%

Summary: 29461 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.2%, 2 bedroom homes increased by 84.9%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Zip Codes

29445
+1.7%
29486
+0.7%
29461
-0.1%

Housing Supply in 29461, SC

How many homes are available in 29461, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
426469+10.1%

Summary: The 29461 real estate market had 469 homes for sale in March 2024, a 10.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 4142
+2.4%
3 124155
+25.0%
4 176182
+3.4%
5+ 8589
+4.7%

Summary: The 29461 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
9276-17.4%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29461, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.

Summary: A total of 76 homes were sold or pending in 29461 in March 2024, down by 17.4% month-over-month. Of the 76 sold homes, 37% were sold under asking, 45% were sold at asking, and 18% were sold over asking.

Days on Market for 29461, 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 24 Days Ago

Newest Listings in 29461, SC

Nearby Markets to 29461, SC