Is 29461, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29461 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 29461 has remained a Seller's Market.

Key Takeaway

29461 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29461, SC

How much do homes in 29461, SC cost?

Median Sold Price

$379,987

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,595(+0.7%)

Key Takeaway

Homes in 29461 have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in 29461 was $379,987 in April 2024, up 0.7% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $117K$160K
+36.8%
2 $375.3K$489.9K
+30.5%
3 $335K$339.8K
+1.4%
4 $387.6K$389.4K
0.5%
5+ $429.3K$446K
+3.9%

Summary: 29461 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 30.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

29445
+3.3%
29461
+0.7%
29486
0.1%

Housing Supply in 29461, SC

How many homes are available in 29461, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
488547+12.1%

Summary: The 29461 real estate market had 547 homes for sale in April 2024, a 12.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 3938
-2.6%
3 170204
+20.0%
4 194207
+6.7%
5+ 8497
+15.5%

Summary: The 29461 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 2.6%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 15.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7198+38.0%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29461, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.

Summary: A total of 98 homes were sold or pending in 29461 in April 2024, up by 38.0% month-over-month. Of the 98 sold homes, 46% were sold under asking, 41% were sold at asking, and 13% were sold over asking.

Days on Market for 29461, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in 29461, SC

Nearby Markets to 29461, SC