Is 29527, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29527 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29527 was a Seller's Market.

Key Takeaway

29527 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29527, SC

How much do homes in 29527, SC cost?

Median Sold Price

$274,900

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,650(+2.1%)

Key Takeaway

Homes in 29527 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 29527 was $274,900 in March 2024, up 2.1% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $169K-
N/A
2 $230K$129K
-43.9%
3 $259.6K$270K
+4.0%
4 $321.4K$304.9K
-5.1%
5+ $356.4K$493.5K
+38.5%

Summary: 29527 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 decreased by 43.9%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 38.5%.

Median Sold Price Compared To Nearby Zip Codes

29554
+27.4%
29576
+4.1%
29527
+2.1%
29526
+1.9%
29588
+0.9%

Housing Supply in 29527, SC

How many homes are available in 29527, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
179186+3.9%

Summary: The 29527 real estate market had 186 homes for sale in March 2024, a 3.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 54
-20.0%
3 132134
+1.5%
4 3336
+9.1%
5+ 911
+22.2%

Summary: The 29527 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 20%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
26260.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29527, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in 29527 in March 2024, the same as the previous month. Of the 26 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.

Days on Market for 29527, SC

How long does it take to sell a home in 29527, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
107 Days125 Days+16.9%

Summary: Homes in 29527 had an average of 125 days on market in Mar 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29527 has remained consistent over time.

Summary: During March 2024, 26 homes were sold in 29527; 0% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 46% 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 29527, SC

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