Is Sunset, 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, Sunset was a Seller's Market.
Housing Prices in Sunset, SC
How much do homes in Sunset, SC cost?
Median Sold Price
$1,687,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sunset was $1,687,500 in May 2024, up 3.9% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | - | N/A |
2 Bedrooms | - | $340K | N/A |
3 Bedrooms | $825K | $797.5K | -3.3% |
4 Bedrooms | $1.6M | $1.7M | +7.7% |
5+ Bedrooms | $1.9M | $2.9M | +49.7% |
Summary: Sunset 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 did not change, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Cities
Lake Toxaway | $490.5K | $570K | +16.2% |
Hogback Township | $515K | $588.6K | +14.3% |
Sunset | $1.6M | $1.6M | +3.9% |
Eastatoe Township | $489.5K | $427K | -12.8% |
North Pickens | $699K | $465K | -33.5% |
Housing Supply in Sunset, SC
How many homes are available in Sunset, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 40 | -4.8% |
Summary: The Sunset real estate market had 40 homes for sale in May 2024, a 4.8% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The Sunset 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 22.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 1 | -88.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Sunset in May 2024, down by 88.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset, SC
How long does it take to sell a home in Sunset, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 391 Days | +564.3% |
Summary: Homes in Sunset had an average of 391 days on market in May 2024, up by 564.3% 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, 1 homes were sold in Sunset; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.