Is 29607, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 29607 has remained a Seller's Market.
Key Takeaway
29607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29607, SC
How much do homes in 29607, SC cost?
Median Sold Price
$375,000
$219/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 29607 have sold for 7.2% less than they did a month ago.
Summary: The median home sold price in 29607 was $375,000 in March 2024, down 7.2% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $287.2K | -13.0% |
| 3 Bedrooms | $367.5K | $357.2K | -2.8% |
| 4 Bedrooms | $431K | $436.6K | +1.3% |
| 5+ Bedrooms | $652.1K | $626.7K | -3.9% |
Summary: 29607 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 3.9%.
Housing Supply in 29607, SC
How many homes are available in 29607, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 162 | 181 | +11.7% |
Summary: The 29607 real estate market had 181 homes for sale in March 2024, a 11.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 77 | 84 | +9.1% |
| 4 Bedrooms | 52 | 63 | +21.2% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The 29607 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 47 | +56.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29607, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 29607 in March 2024, up by 56.7% month-over-month. Of the 45 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 29607, SC
How long does it take to sell a home in 29607, SC?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 29607 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 47 homes were sold in 29607; 9% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
