Is 29631, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29631 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29631 has remained a Seller's Market.

Key Takeaway

29631 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29631, SC

How much do homes in 29631, SC cost?

Median Sold Price

$390,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$76,750(+24.5%)

Key Takeaway

Homes in 29631 have sold for 24.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $144.2K$287K
+99.0%
2 $158.5K$192.5K
+21.5%
3 $297.9K$381K
+27.9%
4 $311.5K$400K
+28.4%
5+ $577K$776.5K
+34.6%

Summary: 29631 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 99%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 34.6%.

Median Sold Price Compared To Nearby Zip Codes

29631
+24.5%
29670
+9.6%
29678
+7.5%
29630
0.0%

Housing Supply in 29631, SC

How many homes are available in 29631, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6476+18.8%

Summary: The 29631 real estate market had 76 homes for sale in March 2024, a 18.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1515
0.0%
3 1723
+35.3%
4 1824
+33.3%
5+ 1313
0.0%

Summary: The 29631 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 35.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29631, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 29631 in March 2024, up by 30.0% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.

Days on Market for 29631, SC

How long does it take to sell a home in 29631, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
69 Days53 Days-23.3%

Summary: Homes in 29631 had an average of 53 days on market in Mar 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29631 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 13 homes were sold in 29631; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% 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 29631, SC

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