Is Mountain Rest, SC 29664 a buyer’s or seller’s market?

The Mountain Rest housing market right now

In the three months ending August 31, 2026, 20% of homes in Mountain Rest, SC 29664 sold above their list price, the typical home went under contract in 89 days and there were 5.1 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. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (50 days then) and the median sale price rose 72% to $479,692. Overall, Mountain Rest is less competitive than a year ago, which gives buyers more room.

Within Oconee County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Tamassee 29686 (0% sold over asking) or Fair Play 29643 (0% sold over asking).