Is Central, 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, Central has remained a Seller's Market.
Key Takeaway
Central is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central, SC
How much do homes in Central, SC cost?
Median Sold Price
$257,450
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Central have sold for 3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $91K | N/A |
| 2 Bedrooms | $136.2K | $136.5K | 0.2% |
| 3 Bedrooms | $270K | $275.5K | +2.0% |
| 4 Bedrooms | $178K | $190K | +6.7% |
| 5+ Bedrooms | $374.9K | $540K | +44.0% |
Summary: Central 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 0.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 44%.
Median Sold Price Compared To Nearby Cities
| Clemson | $347.5K | $372.5K | +7.2% |
| Central | $250K | $257.4K | +3.0% |
Housing Supply in Central, SC
How many homes are available in Central, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 81 | 97 | +19.8% |
Summary: The Central real estate market had 97 homes for sale in May 2024, a 19.8% 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 | 7 | 10 | +42.9% |
| 3 Bedrooms | 36 | 43 | +19.4% |
| 4 Bedrooms | 29 | 31 | +6.9% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Central 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 42.9%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 21 | +162.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in Central in May 2024, up by 162.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 43% were sold at asking, and 19% were sold over asking.
Days on Market for Central, SC
How long does it take to sell a home in Central, SC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 58 Days | 77 Days | +32.9% |
Summary: Homes in Central had an average of 77 days on market in May 2024, up by 32.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 21 homes were sold in Central; 19% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
