Is 29577, 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, 29577 was a Seller's Market.
Housing Prices in 29577, SC
How much do homes in 29577, SC cost?
Median Sold Price
$286,666
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 29577 was $286,666 in March 2024, up 8.4% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $180K | 0.0% |
2 Bedrooms | $245.8K | $248.4K | +1.1% |
3 Bedrooms | $390.1K | $395K | +1.2% |
4 Bedrooms | $532.5K | $515K | -3.3% |
5+ Bedrooms | $524.2K | $725K | +38.3% |
Summary: 29577 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 1.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 38.3%.
Housing Supply in 29577, SC
How many homes are available in 29577, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
692 | 757 | +9.4% |
Summary: The 29577 real estate market had 757 homes for sale in March 2024, a 9.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 204 | 227 | +11.3% |
2 Bedrooms | 231 | 246 | +6.5% |
3 Bedrooms | 194 | 219 | +12.9% |
4 Bedrooms | 41 | 43 | +4.9% |
5+ Bedrooms | 22 | 22 | 0.0% |
Summary: The 29577 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 94 | +10.6% |
Asking Price vs. Sold Price
76 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in 29577 in March 2024, up by 10.6% month-over-month. Of the 94 sold homes, 81% were sold under asking, 14% were sold at asking, and 5% were sold over asking.
Days on Market for 29577, SC
How long does it take to sell a home in 29577, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 111 Days | +3.7% |
Summary: Homes in 29577 had an average of 111 days on market in Mar 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
48 Homes Were Sold
Over 90 Days
Summary: During March 2024, 94 homes were sold in 29577; 7% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 51% of homes were sold over 90 days.