Is Kingstree, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kingstree was a Seller's Market.
Key Takeaway
Kingstree is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kingstree, SC
How much do homes in Kingstree, SC cost?
Median Sold Price
$169,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Kingstree have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Kingstree was $169,500 in May 2024, down 7.6% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $58K | N/A |
| 2 Bedrooms | $140K | $112.7K | -19.5% |
| 3 Bedrooms | $183.5K | $150K | -18.3% |
| 4 Bedrooms | $111K | $200K | +80.2% |
| 5+ Bedrooms | $223.5K | $225K | +0.7% |
Summary: Kingstree 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 19.5%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 80.2%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in Kingstree, SC
How many homes are available in Kingstree, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The Kingstree real estate market had 16 homes for sale in May 2024, a 20.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Kingstree 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kingstree, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Kingstree in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Kingstree, SC
We’re sorry, we don't have information for this market at the moment
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