Is 29696, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29696 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 29696 was a Buyer's Market.

Key Takeaway

29696 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29696, SC

How much do homes in 29696, SC cost?

Median Sold Price

$395,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,000(+6.8%)

Key Takeaway

Homes in 29696 have sold for 6.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $295K$300K
+1.7%
3 $355K$395K
+11.3%
4 $424.5K$725K
+70.8%
5+ $1.4M$1.2M
-18.0%

Summary: 29696 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 1.7%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 70.8%, and 5+ bedroom homes decreased by 18%.

Median Sold Price Compared To Nearby Zip Codes

29672
+38.3%
29676
+17.3%
29696
+6.8%
29691
+1.0%

Housing Supply in 29696, SC

How many homes are available in 29696, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3848+26.3%

Summary: The 29696 real estate market had 48 homes for sale in March 2024, a 26.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1321
+61.5%
3 1111
0.0%
4 1213
+8.3%
5+ 23
+50.0%

Summary: The 29696 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 61.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29696, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 29696 in March 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.

Days on Market for 29696, SC

How long does it take to sell a home in 29696, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
30 Days41 Days+35.5%

Summary: Homes in 29696 had an average of 41 days on market in Mar 2024, up by 35.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29696 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in 29696; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 25 Days Ago

Newest Listings in 29696, SC

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