Is 29644, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29644 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 29644 has remained a Seller's Market.

Key Takeaway

29644 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29644, SC

How much do homes in 29644, SC cost?

Median Sold Price

$362,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$27,077(+8.1%)

Key Takeaway

Homes in 29644 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 29644 was $362,000 in May 2024, up 8.1% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $246K$195K
-20.7%
3 $290K$290.8K
0.3%
4 $445.6K$424K
-4.9%
5+ $363.5K$399.9K
+10.0%

Summary: 29644 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Zip Codes

29644
+8.1%
29388
+5.9%
29681
+3.2%
29680
+1.3%

Housing Supply in 29644, SC

How many homes are available in 29644, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
155173+11.6%

Summary: The 29644 real estate market had 173 homes for sale in May 2024, a 11.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 4852
+8.3%
4 6269
+11.3%
5+ 4350
+16.3%

Summary: The 29644 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 16.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2743+59.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29644, expect to pay close to the asking price. 48.8% of homes here sold near the asking price last month.

Summary: A total of 43 homes were sold or pending in 29644 in May 2024, up by 59.3% month-over-month. Of the 43 sold homes, 44% were sold under asking, 49% were sold at asking, and 7% were sold over asking.

Days on Market for 29644, SC

How long does it take to sell a home in 29644, SC?

Average Sale Time

May 2023May 2024CHANGE
97 Days83 Days-14.7%

Summary: Homes in 29644 had an average of 83 days on market in May 2024, down by 14.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29644 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 43 homes were sold in 29644; 12% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 12% 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 15 Days Ago

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Newest Listings in 29644, SC

Nearby Markets to 29644, SC

MLS Disclaimers and Copyright

Based on information from Greater Greenville MLS, Multiple Listing Service of Spartanburg, and Western Upstate MLS for the period 06/01/2022 - 06/01/2024

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2024 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2024, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2024, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2024, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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