Is 29585, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 29585 has remained a Seller's Market.
Housing Prices in 29585, SC
How much do homes in 29585, SC cost?
Median Sold Price
$525,827
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 29585 was $525,827 in March 2024, up 22.9% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $224K | $287.5K | +28.3% |
2 Bedrooms | $260K | $305K | +17.3% |
3 Bedrooms | $406.5K | $487.6K | +20.0% |
4 Bedrooms | $625.5K | $722.2K | +15.5% |
5+ Bedrooms | $916.5K | $1.2M | +39.1% |
Summary: 29585 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.3%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 39.1%.
Housing Supply in 29585, SC
How many homes are available in 29585, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
259 | 297 | +14.7% |
Summary: The 29585 real estate market had 297 homes for sale in March 2024, a 14.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 45 | 47 | +4.4% |
3 Bedrooms | 130 | 152 | +16.9% |
4 Bedrooms | 55 | 64 | +16.4% |
5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The 29585 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 61 | +79.4% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 29585 in March 2024, up by 79.4% month-over-month. Of the 61 sold homes, 72% were sold under asking, 18% were sold at asking, and 10% were sold over asking.
Days on Market for 29585, SC
How long does it take to sell a home in 29585, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 95 Days | +7.3% |
Summary: Homes in 29585 had an average of 95 days on market in Mar 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During March 2024, 61 homes were sold in 29585; 16% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.