Is 29574, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29574 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 29574 has remained a Seller's Market.

Key Takeaway

29574 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29574, SC

How much do homes in 29574, SC cost?

Median Sold Price

$134,450

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$13,450(-9.1%)

Key Takeaway

Homes in 29574 have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in 29574 was $134,450 in April 2024, down 9.1% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $70K$45K
-35.7%
3 $133.5K$125K
-6.4%
4 $237.5K$191.5K
-19.4%
5+ -$295K
N/A

Summary: 29574 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29544
+4.6%
29574
-9.1%
29581
-25.8%
29571
-26.5%

Housing Supply in 29574, SC

How many homes are available in 29574, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The 29574 real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1110
-9.1%
4 22
0.0%
5+ 11
0.0%

Summary: The 29574 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29574, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 29574 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 29574, SC

How long does it take to sell a home in 29574, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
84 Days116 Days+38.1%

Summary: Homes in 29574 had an average of 116 days on market in Apr 2024, up by 38.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29574 has remained consistent over time.

Summary: During April 2024, 3 homes were sold in 29574; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 10 Days Ago

Newest Listings in 29574, SC

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