Is Santee-Vance, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santee-Vance is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Santee-Vance was a Neutral Market.

Key Takeaway

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

Housing Prices in Santee-Vance, SC

How much do homes in Santee-Vance, SC cost?

Median Sold Price

$275,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$14,000(-4.8%)

Key Takeaway

Homes in Santee-Vance have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in Santee-Vance was $275,000 in May 2024, down 4.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $95K-
N/A
2 $206.2K$220K
+6.7%
3 $294.4K$302K
+2.6%
4 $460K$350K
-23.9%
5+ $845K$599K
-29.1%

Summary: Santee-Vance 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 6.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes decreased by 29.1%.

Median Sold Price Compared To Nearby Cities

Santee
-2.2%
Elloree
-2.4%
Santee-Vance
-4.8%

Housing Supply in Santee-Vance, SC

How many homes are available in Santee-Vance, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2528+12.0%

Summary: The Santee-Vance real estate market had 28 homes for sale in May 2024, a 12.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 1010
0.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Santee-Vance 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 42.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
36+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santee-Vance, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Santee-Vance 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 Santee-Vance, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Santee-Vance, SC

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