Is 29649, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29649 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 29649 was a Buyer's Market.

Key Takeaway

29649 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 29649, SC

How much do homes in 29649, SC cost?

Median Sold Price

$283,500

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$76,500(+37.0%)

Key Takeaway

Homes in 29649 have sold for 37% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$130K
N/A
3 $200K$312.2K
+56.1%
4 $280.6K$334.8K
+19.3%
5+ $314.5K-
N/A

Summary: 29649 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56.1%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes did not change.

Housing Supply in 29649, SC

How many homes are available in 29649, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4552+15.6%

Summary: The 29649 real estate market had 52 homes for sale in March 2024, a 15.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 2221
-4.5%
4 1824
+33.3%
5+ 44
0.0%

Summary: The 29649 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 increased by 200%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29649, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 29649 in March 2024, up by 33.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 29649, SC

How long does it take to sell a home in 29649, SC?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 29649 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 8 homes were sold in 29649; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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 26 Days Ago

Newest Listings in 29649, SC

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