Is 29485, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29485 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29485 has remained a Seller's Market.

Key Takeaway

29485 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29485, SC

How much do homes in 29485, SC cost?

Median Sold Price

$358,057

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,059(+2.3%)

Key Takeaway

Homes in 29485 have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in 29485 was $358,057 in March 2024, up 2.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $164.9K$178.9K
+8.5%
2 $222K$245K
+10.4%
3 $314.9K$325K
+3.2%
4 $384.8K$394.9K
+2.6%
5+ $453.5K$469.7K
+3.6%

Summary: 29485 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

29414
+9.9%
29420
+5.3%
29456
+3.9%
29485
+2.3%
29483
+1.3%

Housing Supply in 29485, SC

How many homes are available in 29485, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
275321+16.7%

Summary: The 29485 real estate market had 321 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 3023
-23.3%
3 108144
+33.3%
4 102111
+8.8%
5+ 3542
+20.0%

Summary: The 29485 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 decreased by 23.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7468-8.1%

Asking Price vs. Sold Price

20 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 29485, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 68 homes were sold or pending in 29485 in March 2024, down by 8.1% month-over-month. Of the 68 sold homes, 29% were sold under asking, 50% were sold at asking, and 21% were sold over asking.

Days on Market for 29485, 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 29485, SC

Nearby Markets to 29485, SC