Is Seneca, SC 29678 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Seneca is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score17/ 100

More competitive than 11% of U.S. ZIP codes, and #155 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

Months of supply5.5Under 4 months = seller’s market
Sold above original list9.7%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market85Listing to accepted offer
Median price per sq ft$178▲ +0.5% vs. last year

The Seneca housing market right now

In the three months ending August 31, 2026, 10% of homes in Seneca, SC 29678 sold above their list price, the typical home went under contract in 85 days and there were 5.5 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 106 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (65 days then) and the median sale price fell 3% to $283,777. Overall, Seneca is less competitive than a year ago, which gives buyers more room.

Within Oconee County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Seneca ranks #155 of 191 SC ZIP codes with enough sales (score 17 out of 100).

Nearby, buyers who want less competition could look at Tamassee 29686 (0% sold over asking) or Fair Play 29643 (0% sold over asking), while Mountain Rest 29664 (20% sold over asking) and Westminster 29693 (14% sold over asking) are even more competitive.

Nearby markets

Fair Play 29643Buyer’s market $320 /sq ftLong Creek 29658 — /sq ftMountain Rest 29664Balanced $316 /sq ftNewry 29665 — /sq ft Browse all markets →

Where Seneca is

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Questions about Seneca real estate

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

A balanced market: there were 5.5 months of supply in Seneca, SC 29678 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 Seneca?

The typical home went under contract in 85 days in the latest three months.

Do homes in Seneca sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Seneca?

About 0.38% of a home’s value a year in Oconee County, or roughly $1,520 on a $400,000 home.

What is the median home price in Seneca?

The median sale price was $283,777 in the three months ending August 31, 2026, about $178 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