Is 29579, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29579 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 29579 was a Seller's Market.

Key Takeaway

29579 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 29579, SC

How much do homes in 29579, SC cost?

Median Sold Price

$336,702

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,723(-2.8%)

Key Takeaway

Homes in 29579 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 29579 was $336,702 in April 2024, down 2.8% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $133K$130K
-2.3%
2 $200K$196.3K
-1.8%
3 $317.1K$309.9K
-2.3%
4 $499.9K$488.6K
-2.3%
5+ $591.6K$674.3K
+14.0%

Summary: 29579 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Zip Codes

29577
+8.3%
29526
+3.3%
29588
+1.7%
29572
+0.6%
29579
-2.8%

Housing Supply in 29579, SC

How many homes are available in 29579, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
639664+3.9%

Summary: The 29579 real estate market had 664 homes for sale in April 2024, a 3.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1212
0.0%
2 109122
+11.9%
3 284288
+1.4%
4 166175
+5.4%
5+ 6867
-1.5%

Summary: The 29579 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 11.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 1.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
116100-13.8%

Asking Price vs. Sold Price

71 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29579, you may be able to get a good deal. 71% of homes here sold below asking price last month.

Summary: A total of 100 homes were sold or pending in 29579 in April 2024, down by 13.8% month-over-month. Of the 100 sold homes, 71% were sold under asking, 23% were sold at asking, and 6% were sold over asking.

Days on Market for 29579, SC

How long does it take to sell a home in 29579, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
115 Days109 Days-4.5%

Summary: Homes in 29579 had an average of 109 days on market in Apr 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

43 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29579 has remained consistent over time.

Summary: During April 2024, 100 homes were sold in 29579; 4% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 43% 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 6 Days Ago

Newest Listings in 29579, SC

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