Is 29707, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 29707 has remained a Seller's Market.
Housing Prices in 29707, SC
How much do homes in 29707, SC cost?
Median Sold Price
$499,371
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 29707 was $499,371 in March 2024, down 0.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $400K | $410K | +2.5% |
3 Bedrooms | $430.5K | $428K | -0.6% |
4 Bedrooms | $546.6K | $552.5K | +1.1% |
5+ Bedrooms | $701.9K | $705K | 0.4% |
Summary: 29707 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 2.5%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in 29707, SC
How many homes are available in 29707, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
174 | 186 | +6.9% |
Summary: The 29707 real estate market had 186 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 37 | 39 | +5.4% |
3 Bedrooms | 72 | 81 | +12.5% |
4 Bedrooms | 42 | 34 | -19.0% |
5+ Bedrooms | 23 | 32 | +39.1% |
Summary: The 29707 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 5.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 39.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 66 | +50.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in 29707 in March 2024, up by 50.0% month-over-month. Of the 66 sold homes, 38% were sold under asking, 32% were sold at asking, and 30% were sold over asking.
Days on Market for 29707, SC
How long does it take to sell a home in 29707, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 32 Days | -37.9% |
Summary: Homes in 29707 had an average of 32 days on market in Mar 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in 29707; 71% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.