Is 29642, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 29642 has remained a Seller's Market.
Key Takeaway
29642 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29642, SC
How much do homes in 29642, SC cost?
Median Sold Price
$350,091
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 29642 have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in 29642 was $350,091 in April 2024, up 12.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $225K | +9.8% |
| 3 Bedrooms | $275K | $288K | +4.7% |
| 4 Bedrooms | $365K | $443.4K | +21.5% |
| 5+ Bedrooms | $480K | $502.2K | +4.6% |
Summary: 29642 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 4.6%.
Housing Supply in 29642, SC
How many homes are available in 29642, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 213 | 261 | +22.5% |
Summary: The 29642 real estate market had 261 homes for sale in April 2024, a 22.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 98 | 124 | +26.5% |
| 4 Bedrooms | 72 | 91 | +26.4% |
| 5+ Bedrooms | 42 | 42 | 0.0% |
Summary: The 29642 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 300%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 46 | +4.5% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29642, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 29642 in April 2024, up by 4.5% month-over-month. Of the 43 sold homes, 56% were sold under asking, 30% were sold at asking, and 14% were sold over asking.
Days on Market for 29642, SC
How long does it take to sell a home in 29642, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 68 Days | +36.2% |
Summary: Homes in 29642 had an average of 68 days on market in Apr 2024, up by 36.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 29642 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 46 homes were sold in 29642; 11% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
