Is 29708, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 29708 has remained a Seller's Market.
Key Takeaway
29708 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 29708, SC
How much do homes in 29708, SC cost?
Median Sold Price
$496,142
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 29708 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 29708 was $496,142 in April 2024, up 2.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $301.2K | - | N/A |
| 2 Bedrooms | $347.5K | $352K | +1.3% |
| 3 Bedrooms | $415K | $411K | -1.0% |
| 4 Bedrooms | $558.1K | $590K | +5.7% |
| 5+ Bedrooms | $710K | $765.7K | +7.8% |
Summary: 29708 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 29708, SC
How many homes are available in 29708, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 147 | 170 | +15.6% |
Summary: The 29708 real estate market had 170 homes for sale in April 2024, a 15.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 57 | 67 | +17.5% |
| 4 Bedrooms | 39 | 51 | +30.8% |
| 5+ Bedrooms | 35 | 40 | +14.3% |
Summary: The 29708 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 decreased by 25%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 53 | +32.5% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 29708, you may be able to get a good deal. 45.3% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in 29708 in April 2024, up by 32.5% month-over-month. Of the 53 sold homes, 45% were sold under asking, 28% were sold at asking, and 26% were sold over asking.
Days on Market for 29708, SC
How long does it take to sell a home in 29708, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 12 Days | -50.7% |
Summary: Homes in 29708 had an average of 12 days on market in Apr 2024, down by 50.7% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 29708 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 53 homes were sold in 29708; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
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