Is 29611, 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, 29611 has remained a Seller's Market.
Key Takeaway
29611 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29611, SC
How much do homes in 29611, SC cost?
Median Sold Price
$264,500
$149/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 29611 have sold for 7.8% less than they did a month ago.
Summary: The median home sold price in 29611 was $264,500 in April 2024, down 7.8% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $177.5K | -11.3% |
| 3 Bedrooms | $307.5K | $290K | -5.7% |
| 4 Bedrooms | $285K | $315.7K | +10.8% |
| 5+ Bedrooms | $513K | - | N/A |
Summary: 29611 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 29609 | $374.9K | $360.9K | -3.7% |
| 29611 | $287K | $264.5K | -7.8% |
Housing Supply in 29611, SC
How many homes are available in 29611, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 156 | 157 | +0.6% |
Summary: The 29611 real estate market had 157 homes for sale in April 2024, a 0.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 28 | 31 | +10.7% |
| 3 Bedrooms | 92 | 95 | +3.3% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 29611 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 10.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29611, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 29611 in April 2024, up by 5.7% month-over-month. Of the 37 sold homes, 57% were sold under asking, 30% were sold at asking, and 14% were sold over asking.
Days on Market for 29611, SC
How long does it take to sell a home in 29611, SC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 66 Days | +1660.0% |
Summary: Homes in 29611 had an average of 66 days on market in Apr 2024, up by 1660% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 29611 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 37 homes were sold in 29611; 8% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
