Is 29605, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29605 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29605 was a Buyer's Market.

Key Takeaway

29605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29605, SC

How much do homes in 29605, SC cost?

Median Sold Price

$326,203

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$74,953(+29.8%)

Key Takeaway

Homes in 29605 have sold for 29.8% more than they did a year ago.

Summary: The median home sold price in 29605 was $326,203 in March 2024, up 29.8% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $371.2K$179K
-51.8%
2 $222K$225.7K
+1.7%
3 $240.2K$303.6K
+26.4%
4 $305K$389.8K
+27.8%
5+ $1.0M$751K
-28.8%

Summary: 29605 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.8%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes decreased by 28.8%.

Median Sold Price Compared To Nearby Zip Codes

29605
+29.8%
29601
+15.3%
29673
0.2%

Housing Supply in 29605, SC

How many homes are available in 29605, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
266296+11.3%

Summary: The 29605 real estate market had 296 homes for sale in March 2024, a 11.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 54
-20.0%
2 3449
+44.1%
3 126137
+8.7%
4 7079
+12.9%
5+ 3127
-12.9%

Summary: The 29605 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 44.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes decreased by 12.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4658+26.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29605, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in 29605 in March 2024, up by 26.1% month-over-month. Of the 53 sold homes, 49% were sold under asking, 32% were sold at asking, and 19% were sold over asking.

Days on Market for 29605, SC

How long does it take to sell a home in 29605, SC?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 29605 has remained consistent over time.

Summary: During March 2024, 58 homes were sold in 29605; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

Newest Listings in 29605, SC

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