Is 29487, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29487 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29487 was a Seller's Market.

Key Takeaway

29487 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29487, SC

How much do homes in 29487, SC cost?

Median Sold Price

$897,500

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$12,500(+1.4%)

Key Takeaway

Homes in 29487 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 29487 was $897,500 in March 2024, up 1.4% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $650K$1.2M
+92.3%
3 $885K$480K
-45.8%
4 $909K$775K
-14.7%
5+ $2.1M$1.3M
-36.8%

Summary: 29487 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 92.3%, 3 bedroom homes decreased by 45.8%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 36.8%.

Median Sold Price Compared To Nearby Zip Codes

29449
+8.2%
29455
+5.8%
29487
+1.4%

Housing Supply in 29487, SC

How many homes are available in 29487, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1516+6.7%

Summary: The 29487 real estate market had 16 homes for sale in March 2024, a 6.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 46
+50.0%
4 55
0.0%
5+ 55
0.0%

Summary: The 29487 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 decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29487, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 29487 in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 29487, 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 22 Days Ago

Newest Listings in 29487, SC

Nearby Markets to 29487, SC