Is Summerton, SC 29148 a buyer’s or seller’s market?
Summerton is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 7% of U.S. ZIP codes, and #169 of 191 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Summerton housing market right now
In the three months ending August 31, 2026, 0% of homes in Summerton, SC 29148 sold above their list price, the typical home went under contract in 54 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 6%, homes sold faster (108 days then) and the median sale price fell 3% to $387,332. Overall, Summerton is more competitive than a year ago, so tougher for buyers.
On our competition score, Summerton ranks #169 of 191 SC ZIP codes with enough sales (score 13 out of 100).
Nearby, Manning 29102 (13% sold over asking) is even more competitive.
Run the numbers for 29148
Nearby markets
Alcolu 29001Buyer’s market $297 /sq ftManning 29102Buyer’s market $157 /sq ftTurbeville 29162 $125 /sq ft Browse all markets →Towns like Summerton nearby
Find towns like Summerton in other states →Where Summerton is
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Questions about Summerton real estate
Is Summerton a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Summerton, SC 29148 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 Summerton?
The typical home went under contract in 54 days in the latest three months.
Do homes in Summerton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.0% of the list price.
What are property taxes in Summerton?
About 0.56% of a home’s value a year in Clarendon County, or roughly $2,240 on a $400,000 home.
What is the median home price in Summerton?
The median sale price was $387,332 in the three months ending August 31, 2026, about $201 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