Is Pelzer, 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, Pelzer was a Seller's Market.
Housing Prices in Pelzer, SC
How much do homes in Pelzer, SC cost?
Median Sold Price
$285,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pelzer was $285,000 in May 2024, up 4% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $179K | $185K | +3.4% |
3 Bedrooms | $271.5K | $260.9K | -3.9% |
4 Bedrooms | $289K | $359.9K | +24.5% |
5+ Bedrooms | $602.4K | $639.9K | +6.2% |
Summary: Pelzer 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 3.4%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
Pelzer | $274K | $285K | +4.0% |
Pelzer | $275K | $285K | +3.6% |
Piedmont | $323.2K | $315K | -2.5% |
Williamston | $269.5K | $259.9K | -3.6% |
Housing Supply in Pelzer, SC
How many homes are available in Pelzer, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 66 | +65.0% |
Summary: The Pelzer real estate market had 66 homes for sale in May 2024, a 65.0% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 18 | 34 | +88.9% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Pelzer 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 150%, 3 bedroom homes increased by 88.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Pelzer in May 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Pelzer, SC
How long does it take to sell a home in Pelzer, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 108 Days | +91.5% |
Summary: Homes in Pelzer had an average of 108 days on market in May 2024, up by 91.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Pelzer; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.