29582 Housing Market Report May 2025•Horry County, South Carolina

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Housing Prices in 29582, SC

How much do homes in 29582, SC cost?

Housing Market Conditions

Is 29582, SC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

29582 is a Buyer's Market

Difference Since May 2024

At the same time last year, 29582 was a Seller's Market.

Insight

29582 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$405,478$293/SqFt
+$15,478
+4.0%

Based on all homes sold in the last 12 months

Insight

Homes in 29582 have sold for 4% more than they did a year ago.

Summary: The median home sold price in 29582 was $405,478 in May 2025, up 4% from last year, and the median price per square foot was $293.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
29572
+11.7%
28467
+5.7%
29582
+4.0%
29566
-0.3%
29568
-2.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$219.4K$210K
-4.3%
2$273.6K$265K
-3.2%
3$460K$454.3K
-1.2%
4$653.7K$690K
+5.5%
5$926.5K$900K
-2.9%

Summary: 29582 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.3%. The home price for 2 bedroom homes decreased by -3.2%. The home price for 3 bedroom homes decreased by -1.2%. The home price for 4 bedroom homes increased by +5.5%. The home price for 5 bedroom homes decreased by -2.9%.

How does 29582, SC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

29582, SC

Housing supply in 29582, SC

How many homes are available in 29582, SC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,066Last MonthMay 2025
1,0252 months agoApr 2025
+4.0 %
Change MoMApr – May

Summary: The 29582 real estate market had 1,066 homes for sale in May 2025, a 4.0 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
101Last MonthMay 2025
1502 months agoApr 2025
-32.7 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
18297
+18.3%
2329321
-2.4%
3380382
+0.5%
4154170
+10.4%
58096
+20.0%

Summary: 29582 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +18.3%. The inventory for 2 bedroom homes decreased by -2.4%. The inventory for 3 bedroom homes increased by +0.5%. The inventory for 4 bedroom homes increased by +10.4%. The inventory for 5 bedroom homes increased by +20.0%.

Asking Price vs. Sold Price

How much do homes in 29582, SC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price7 Homes

Under Asking Price92 Homes

Insight

If you're buying a home in 29582, you may be able to get a good deal. 91.1% of homes here sold below asking price last month.

Summary: A total of 101 homes were sold or pending in 29582 in May 2025, down by 32.7% month-over-month. Of the 101 sold homes, 91% were sold under asking, 7% were sold at asking, and and 2% were sold over asking.

Days on Market for 29582, SC

How long does it take to sell a home in 29582, SC?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days51 Homes

Over 90 Days44 Homes

Insight

Avg time on Rocket Homes in 29582 has remained consistent over time.

Summary: During May 2025, 101 homes were sold in 29582; 6% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
106 DaysThis YearMay 2025
80 Days1 year agoMay 2024
+32.8 %
Change YoYMay 2024 – May 2025

Summary: Homes in 29582 had an average listing age of 106 days in May 2025, up by 32.8% compared to the previous year.

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Newest Listings in 29582, SC

What homes are available in 29582, SC?

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MLS Disclaimers and Copyright

Based on information from Coastal Carolinas MLS, Hive MLS, Canopy MLS, CHS MLS, and Greater Augusta MLS for the period 06/01/2023 - 06/01/2025

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. 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. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
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Last updated on: 6/15/2025, 10:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 6/15/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/15/2025, 10:36:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is 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 data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2025 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/15/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. IDX information 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/15/2025, 10:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.