Is Hemingway, 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, Hemingway has remained a Seller's Market.
Housing Prices in Hemingway, SC
How much do homes in Hemingway, SC cost?
Median Sold Price
$229,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hemingway was $229,500 in May 2024, up 41.7% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $124K | $110.5K | -10.9% |
3 Bedrooms | $170K | $229.5K | +35.0% |
4 Bedrooms | $180K | $274.9K | +52.7% |
5+ Bedrooms | - | $510K | N/A |
Summary: Hemingway 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 decreased by 10.9%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 52.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hemingway | $162K | $229.5K | +41.7% |
Hemingway | $149K | $165K | +10.7% |
Housing Supply in Hemingway, SC
How many homes are available in Hemingway, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Hemingway real estate market had 23 homes for sale in May 2024, a 8.0% decrease 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 | 2 | 0 | -100.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hemingway 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 decreased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hemingway in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hemingway, SC
How long does it take to sell a home in Hemingway, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
116 Days | 103 Days | -10.8% |
Summary: Homes in Hemingway had an average of 103 days on market in May 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Hemingway; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.