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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Campobello is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Campobello has remained a Seller's Market.

Key Takeaway

Campobello is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Campobello, SC

How much do homes in Campobello, SC cost?

Median Sold Price

$397,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$19,500(-4.7%)

Key Takeaway

Homes in Campobello have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Campobello was $397,000 in May 2024, down 4.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $130K$787.5K
+505.8%
2 $231K$270K
+16.9%
3 $355K$391.5K
+10.3%
4 $515K$525K
+1.9%
5+ $501K$600K
+19.8%

Summary: Campobello housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 505.8%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Cities

Fingerville
+48.2%
Landrum
+22.9%
Landrum
+18.2%
Gramling
+16.4%
Campobello
-4.7%

Housing Supply in Campobello, SC

How many homes are available in Campobello, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4042+5.0%

Summary: The Campobello real estate market had 42 homes for sale in May 2024, a 5.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2123
+9.5%
4 1112
+9.1%
5+ 43
-25.0%

Summary: The Campobello housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campobello, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Campobello in May 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Campobello, SC

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

Average Sale Time

May 2023May 2024CHANGE
2 Days64 Days+2300.0%

Summary: Homes in Campobello had an average of 64 days on market in May 2024, up by 2300% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Campobello are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 11 homes were sold in Campobello; 36% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Campobello, SC

Nearby Markets to Campobello, SC

What housing markets are near Campobello, SC?