Is 29720, 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, 29720 has remained a Seller's Market.
Housing Prices in 29720, SC
How much do homes in 29720, SC cost?
Median Sold Price
$305,024
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 29720 was $305,024 in March 2024, down 3.4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $71K | -38.2% |
2 Bedrooms | $180K | $175K | -2.8% |
3 Bedrooms | $267.2K | $270K | +1.0% |
4 Bedrooms | $432K | $402.5K | -6.8% |
5+ Bedrooms | $560K | $540K | -3.6% |
Summary: 29720 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 3.6%.
Housing Supply in 29720, SC
How many homes are available in 29720, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
268 | 276 | +3.0% |
Summary: The 29720 real estate market had 276 homes for sale in March 2024, a 3.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 28 | 29 | +3.6% |
3 Bedrooms | 151 | 173 | +14.6% |
4 Bedrooms | 62 | 52 | -16.1% |
5+ Bedrooms | 25 | 21 | -16.0% |
Summary: The 29720 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 16%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 68 | +28.3% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in 29720 in March 2024, up by 28.3% month-over-month. Of the 68 sold homes, 51% were sold under asking, 29% were sold at asking, and 19% were sold over asking.
Days on Market for 29720, SC
How long does it take to sell a home in 29720, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 54 Days | -19.1% |
Summary: Homes in 29720 had an average of 54 days on market in Mar 2024, down by 19.1% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 68 homes were sold in 29720; 47% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.