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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kershaw is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Kershaw, SC

How much do homes in Kershaw, SC cost?

Median Sold Price

$203,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$16,000(-7.3%)

Key Takeaway

Homes in Kershaw have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Kershaw was $203,000 in May 2024, down 7.3% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$203K
N/A
2 $150K$80K
-46.7%
3 $237.5K$211K
-11.2%
4 $295.4K$253.7K
-14.1%
5+ $195K$420K
+115.4%

Summary: Kershaw 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 46.7%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 115.4%.

Housing Supply in Kershaw, SC

How many homes are available in Kershaw, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3031+3.3%

Summary: The Kershaw real estate market had 31 homes for sale in May 2024, a 3.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 2018
-10.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The Kershaw 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 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kershaw, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Kershaw in May 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Kershaw, SC

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

Average Sale Time

May 2023May 2024CHANGE
21 Days65 Days+197.7%

Summary: Homes in Kershaw had an average of 65 days on market in May 2024, up by 197.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Kershaw; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

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