Is 29511, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 29511 has remained a Buyer's Market.
Housing Prices in 29511, SC
How much do homes in 29511, SC cost?
Median Sold Price
$312,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 29511 was $312,000 in February 2024, down 8.2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $218K | $166.4K | -23.7% |
3 Bedrooms | $293.4K | $289.4K | -1.4% |
4 Bedrooms | $407.5K | $334.9K | -17.8% |
5+ Bedrooms | $440.3K | $324K | -26.4% |
Summary: 29511 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 26.4%.
Housing Supply in 29511, SC
How many homes are available in 29511, SC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Summary: The 29511 real estate market had 39 homes for sale in February 2024, a 5.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 23 | 24 | +4.3% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 29511 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 29511 in February 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 29511, SC
How long does it take to sell a home in 29511, SC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
111 Days | 231 Days | +108.4% |
Summary: Homes in 29511 had an average of 231 days on market in Feb 2024, up by 108.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 29511; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.