Is 29577, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 29577 was a Seller's Market.
Housing Prices in 29577, SC
How much do homes in 29577, SC cost?
Median Sold Price
$286,275
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 29577 was $286,275 in May 2024, up 4.1% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180.1K | $180K | -0.1% |
2 Bedrooms | $245K | $250K | +2.0% |
3 Bedrooms | $395K | $385K | -2.5% |
4 Bedrooms | $554.7K | $515K | -7.2% |
5+ Bedrooms | $514.2K | $650K | +26.4% |
Summary: 29577 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 26.4%.
Housing Supply in 29577, SC
How many homes are available in 29577, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
791 | 818 | +3.4% |
Summary: The 29577 real estate market had 818 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 235 | 253 | +7.7% |
2 Bedrooms | 249 | 246 | -1.2% |
3 Bedrooms | 238 | 241 | +1.3% |
4 Bedrooms | 48 | 57 | +18.8% |
5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The 29577 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
117 | 108 | -7.7% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 108 homes were sold or pending in 29577 in May 2024, down by 7.7% month-over-month. Of the 108 sold homes, 82% were sold under asking, 14% were sold at asking, and 4% were sold over asking.
Days on Market for 29577, SC
How long does it take to sell a home in 29577, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
94 Days | 102 Days | +8.1% |
Summary: Homes in 29577 had an average of 102 days on market in May 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
56 Homes Were Sold
In 30 - 90 Days
47 Homes Were Sold
Over 90 Days
Summary: During May 2024, 108 homes were sold in 29577; 5% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.