Is 29710, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29710 is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, 29710 has remained a Seller's Market.

Key Takeaway

29710 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 29710, SC

How much do homes in 29710, SC cost?

Median Sold Price

$430,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,000(+2.4%)

Key Takeaway

Homes in 29710 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 29710 was $430,000 in May 2024, up 2.4% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $145.5K$160K
+10.0%
2 $248.7K$205K
-17.6%
3 $343.6K$350.6K
+2.0%
4 $508.2K$563K
+10.8%
5+ $654K$665K
+1.7%

Summary: 29710 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Zip Codes

28052
+7.6%
29745
+6.7%
29710
+2.4%

Housing Supply in 29710, SC

How many homes are available in 29710, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
202234+15.8%

Summary: The 29710 real estate market had 234 homes for sale in May 2024, a 15.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 1214
+16.7%
3 110114
+3.6%
4 5670
+25.0%
5+ 2435
+45.8%

Summary: The 29710 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 45.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4356+30.2%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29710, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in 29710 in May 2024, up by 30.2% month-over-month. Of the 56 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.

Days on Market for 29710, SC

How long does it take to sell a home in 29710, SC?

Average Sale Time

May 2023May 2024CHANGE
40 Days34 Days-14.2%

Summary: Homes in 29710 had an average of 34 days on market in May 2024, down by 14.2% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29710 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 56 homes were sold in 29710; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

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