Is 29627, 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, 29627 was a Neutral Market.
Housing Prices in 29627, SC
How much do homes in 29627, SC cost?
Median Sold Price
$244,900
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 29627 was $244,900 in March 2024, up 19.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | - | N/A |
2 Bedrooms | $135K | $160K | +18.5% |
3 Bedrooms | $205K | $234.9K | +14.6% |
4 Bedrooms | $260.5K | $412.5K | +58.3% |
5+ Bedrooms | $539.9K | $501.3K | -7.1% |
Summary: 29627 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 18.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in 29627, SC
How many homes are available in 29627, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 85 | +13.3% |
Summary: The 29627 real estate market had 85 homes for sale in March 2024, a 13.3% 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 | 8 | 8 | 0.0% |
3 Bedrooms | 43 | 48 | +11.6% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 29627 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 remained the same, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 29627 in March 2024, down by 15.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 29627, SC
How long does it take to sell a home in 29627, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 14 Days | -82.0% |
Summary: Homes in 29627 had an average of 14 days on market in Mar 2024, down by 82% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 29627; 41% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.