Is Boiling Springs, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Boiling Springs has remained a Seller's Market.
Housing Prices in Boiling Springs, SC
How much do homes in Boiling Springs, SC cost?
Median Sold Price
$295,403
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boiling Springs was $295,403 in May 2024, up 4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $185K | N/A |
2 Bedrooms | $163K | $175K | +7.4% |
3 Bedrooms | $265K | $265.3K | 0.1% |
4 Bedrooms | $335K | $331K | -1.2% |
5+ Bedrooms | $371.8K | $360K | -3.2% |
Summary: Boiling Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
Fingerville | $279.9K | $415K | +48.2% |
Boiling Springs | $283.9K | $295.4K | +4.0% |
Mayo | $250K | $245K | -2.0% |
Cowpens | $244.9K | $239.9K | -2.0% |
Housing Supply in Boiling Springs, SC
How many homes are available in Boiling Springs, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
453 | 507 | +11.9% |
Summary: The Boiling Springs real estate market had 507 homes for sale in May 2024, a 11.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 213 | 234 | +9.9% |
4 Bedrooms | 155 | 179 | +15.5% |
5+ Bedrooms | 74 | 82 | +10.8% |
Summary: The Boiling Springs 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 increased by 9.1%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 119 | +45.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 119 homes were sold or pending in Boiling Springs in May 2024, up by 45.1% month-over-month. Of the 111 sold homes, 39% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for Boiling Springs, SC
How long does it take to sell a home in Boiling Springs, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 44 Days | +37.1% |
Summary: Homes in Boiling Springs had an average of 44 days on market in May 2024, up by 37.1% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 119 homes were sold in Boiling Springs; 34% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.