Is 29693, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29693 is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, 29693 was a Seller's Market.

Key Takeaway

29693 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 29693, SC

How much do homes in 29693, SC cost?

Median Sold Price

$270,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,500(+6.1%)

Key Takeaway

Homes in 29693 have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in 29693 was $270,000 in February 2024, up 6.1% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $615K$110K
-82.1%
2 $164K$210K
+28.0%
3 $239.5K$265K
+10.6%
4 $380K$495K
+30.3%
5+ $574.4K$388K
-32.4%

Summary: 29693 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82.1%, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes decreased by 32.4%.

Median Sold Price Compared To Nearby Zip Codes

29678
+9.5%
29693
+6.1%
29691
+2.6%
30557
+1.5%

Housing Supply in 29693, SC

How many homes are available in 29693, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7286+19.4%

Summary: The 29693 real estate market had 86 homes for sale in February 2024, a 19.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 44
0.0%
2 2119
-9.5%
3 2541
+64.0%
4 1719
+11.8%
5+ 53
-40.0%

Summary: The 29693 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 64%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
713+85.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29693, you may be able to get a good deal. 92.3% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 29693 in February 2024, up by 85.7% month-over-month. Of the 13 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.

Days on Market for 29693, SC

How long does it take to sell a home in 29693, SC?

Average Sale Time

Feb 2023Feb 2024CHANGE
136 Days45 Days-66.9%

Summary: Homes in 29693 had an average of 45 days on market in Feb 2024, down by 66.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29693 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 13 homes were sold in 29693; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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 27 Days Ago

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