Is 29615, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 29615 was a Buyer's Market.
Key Takeaway
29615 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29615, SC
How much do homes in 29615, SC cost?
Median Sold Price
$400,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 29615 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 29615 was $400,000 in March 2024, up 8.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $144K | N/A |
| 2 Bedrooms | $165K | $190K | +15.2% |
| 3 Bedrooms | $315K | $368.7K | +17.1% |
| 4 Bedrooms | $451K | $474.3K | +5.2% |
| 5+ Bedrooms | $484.5K | $790K | +63.1% |
Summary: 29615 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 63.1%.
Housing Supply in 29615, SC
How many homes are available in 29615, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 133 | 159 | +19.5% |
Summary: The 29615 real estate market had 159 homes for sale in March 2024, a 19.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 48 | 53 | +10.4% |
| 4 Bedrooms | 47 | 51 | +8.5% |
| 5+ Bedrooms | 15 | 26 | +73.3% |
Summary: The 29615 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 73.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 48 | +65.5% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29615, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 29615 in March 2024, up by 65.5% month-over-month. Of the 46 sold homes, 52% were sold under asking, 13% were sold at asking, and 35% were sold over asking.
Days on Market for 29615, SC
How long does it take to sell a home in 29615, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 18 Days | 19 Days | +6.9% |
Summary: Homes in 29615 had an average of 19 days on market in Mar 2024, up by 6.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 29615 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 48 homes were sold in 29615; 6% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
