Is Olanta, SC 29114 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Olanta is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list90.1%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$86▲ +3.4% vs. last year

The Olanta housing market right now

In the three months ending August 31, 2026, 0% of homes in Olanta, SC 29114 sold above their list price, the typical home went under contract in 35 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (74 days then) and the median sale price fell 6% to $79,716. Overall, Olanta is more competitive than a year ago, so tougher for buyers.

Within Florence County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Scranton 29591 (50% sold over asking) and Pamplico 29583 (29% sold over asking) are even more competitive.

Nearby markets

Coward 29530Balanced $125 /sq ftEffingham 29541Seller’s market $140 /sq ftFlorence 29501Balanced $156 /sq ftFlorence 29505Balanced $149 /sq ft Browse all markets →

Where Olanta is

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Questions about Olanta real estate

Is Olanta a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Olanta, SC 29114 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Olanta?

The typical home went under contract in 35 days in the latest three months.

Do homes in Olanta sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.1% of the list price.

What are property taxes in Olanta?

About 0.42% of a home’s value a year in Florence County, or roughly $1,680 on a $400,000 home.

What is the median home price in Olanta?

The median sale price was $79,716 in the three months ending August 31, 2026, about $86 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology