Is 29572, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 29572 was a Seller's Market.
Key Takeaway
29572 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 29572, SC
How much do homes in 29572, SC cost?
Median Sold Price
$315,977
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 29572 have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in 29572 was $315,977 in March 2024, up 2.9% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $190K | +2.7% |
| 2 Bedrooms | $279.9K | $280K | 0.0% |
| 3 Bedrooms | $437.5K | $484K | +10.6% |
| 4 Bedrooms | $654K | $700K | +7.0% |
| 5+ Bedrooms | $837.3K | $902.4K | +7.8% |
Summary: 29572 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 29572, SC
How many homes are available in 29572, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 518 | 566 | +9.3% |
Summary: The 29572 real estate market had 566 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 111 | 117 | +5.4% |
| 2 Bedrooms | 211 | 228 | +8.1% |
| 3 Bedrooms | 153 | 172 | +12.4% |
| 4 Bedrooms | 35 | 41 | +17.1% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 29572 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 67 | +11.7% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29572, you may be able to get a good deal. 80.6% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in 29572 in March 2024, up by 11.7% month-over-month. Of the 67 sold homes, 81% were sold under asking, 13% were sold at asking, and 6% were sold over asking.
Days on Market for 29572, SC
How long does it take to sell a home in 29572, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 110 Days | 101 Days | -8.4% |
Summary: Homes in 29572 had an average of 101 days on market in Mar 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 29572 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 67 homes were sold in 29572; 6% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 51% of homes were sold over 90 days.
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