Is 29702, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29702 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 29702 was a Neutral Market.

Key Takeaway

29702 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29702, SC

How much do homes in 29702, SC cost?

Median Sold Price

$197,400

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,150(+3.8%)

Key Takeaway

Homes in 29702 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 29702 was $197,400 in April 2024, up 3.8% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $155K$150K
-3.2%
2 $134.5K$145K
+7.8%
3 $200K$220.5K
+10.3%
4 $325K$201.1K
-38.1%
5+ $150K$312K
+108.0%

Summary: 29702 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes increased by 108%.

Median Sold Price Compared To Nearby Zip Codes

29340
+16.0%
29702
+3.8%
28073
-2.7%

Housing Supply in 29702, SC

How many homes are available in 29702, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The 29702 real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 87
-12.5%
4 77
0.0%
5+ 01
+100.0%

Summary: The 29702 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29702, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 29702 in April 2024, up by 300.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for 29702, SC

How long does it take to sell a home in 29702, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days23 Days+235.7%

Summary: Homes in 29702 had an average of 23 days on market in Apr 2024, up by 235.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29702 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 29702; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in 29702, SC

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