Is 29662, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29662 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29662 was a Buyer's Market.

Key Takeaway

29662 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29662, SC

How much do homes in 29662, SC cost?

Median Sold Price

$290,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$9,900(-3.3%)

Key Takeaway

Homes in 29662 have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in 29662 was $290,000 in March 2024, down 3.3% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $183.5K$215K
+17.2%
3 $285K$278K
-2.5%
4 $320K$327.7K
+2.4%
5+ -$403K
N/A

Summary: 29662 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 17.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

29681
+9.1%
29662
-3.3%

Housing Supply in 29662, SC

How many homes are available in 29662, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5554-1.8%

Summary: The 29662 real estate market had 54 homes for sale in March 2024, a 1.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 3430
-11.8%
4 1413
-7.1%
5+ 47
+75.0%

Summary: The 29662 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 33.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29662, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 29662 in March 2024, up by 6.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 35% were sold at asking, and 12% were sold over asking.

Days on Market for 29662, SC

We’re sorry, we don't have information for this market at the moment

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 29662, SC

Nearby Markets to 29662, SC