Is Inman, 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, Inman has remained a Seller's Market.
Housing Prices in Inman, SC
How much do homes in Inman, SC cost?
Median Sold Price
$299,270
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Inman was $299,270 in May 2024, up 11.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $144K | +15.2% |
2 Bedrooms | $171K | $197.4K | +15.5% |
3 Bedrooms | $255K | $279.5K | +9.6% |
4 Bedrooms | $318.1K | $355K | +11.6% |
5+ Bedrooms | $496.9K | $420K | -15.5% |
Summary: Inman housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 15.5%.
Housing Supply in Inman, SC
How many homes are available in Inman, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
240 | 287 | +19.6% |
Summary: The Inman real estate market had 287 homes for sale in May 2024, a 19.6% 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 | 9 | 13 | +44.4% |
3 Bedrooms | 130 | 151 | +16.2% |
4 Bedrooms | 64 | 81 | +26.6% |
5+ Bedrooms | 37 | 42 | +13.5% |
Summary: The Inman 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 44.4%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 13.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 53 | +17.8% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Inman in May 2024, up by 17.8% month-over-month. Of the 50 sold homes, 44% were sold under asking, 44% were sold at asking, and 12% were sold over asking.
Days on Market for Inman, SC
How long does it take to sell a home in Inman, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 56 Days | +119.3% |
Summary: Homes in Inman had an average of 56 days on market in May 2024, up by 119.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 53 homes were sold in Inman; 32% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.