Is 29745, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29745 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 29745 has remained a Seller's Market.

Key Takeaway

29745 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29745, SC

How much do homes in 29745, SC cost?

Median Sold Price

$355,720

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,720(+1.6%)

Key Takeaway

Homes in 29745 have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in 29745 was $355,720 in March 2024, up 1.6% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $100.5K$141.5K
+40.9%
2 $225K$228K
+1.3%
3 $306.3K$320K
+4.5%
4 $406.5K$450K
+10.7%
5+ $432K$369.9K
-14.4%

Summary: 29745 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

29726
+10.0%
29710
+2.4%
29745
+1.6%
29732
-1.7%

Housing Supply in 29745, SC

How many homes are available in 29745, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
140147+5.0%

Summary: The 29745 real estate market had 147 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 67
+16.7%
3 8993
+4.5%
4 3033
+10.0%
5+ 1414
0.0%

Summary: The 29745 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2535+40.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29745, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 29745 in March 2024, up by 40.0% month-over-month. Of the 35 sold homes, 43% were sold under asking, 34% were sold at asking, and 23% were sold over asking.

Days on Market for 29745, SC

How long does it take to sell a home in 29745, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
59 Days56 Days-5.6%

Summary: Homes in 29745 had an average of 56 days on market in Mar 2024, down by 5.6% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29745 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 35 homes were sold in 29745; 60% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 9% 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 27 Days Ago

Newest Listings in 29745, SC

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