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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Westville has remained a Buyer's Market.

Key Takeaway

Westville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westville, SC

How much do homes in Westville, SC cost?

Median Sold Price

$455,000

$184/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$445,000(-49.4%)

Key Takeaway

Homes in Westville have sold for 49.4% less than they did a month ago.

Summary: The median home sold price in Westville was $455,000 in May 2024, down 49.4% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$475K
N/A
2 -$70K
N/A
3 -$460K
N/A
4 $900K-
N/A
5+ -$450K
N/A

Summary: Westville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Westville, SC

How many homes are available in Westville, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2030+50.0%

Summary: The Westville real estate market had 30 homes for sale in May 2024, a 50.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 914
+55.6%
4 68
+33.3%
5+ 35
+66.7%

Summary: The Westville 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 100%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 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 Westville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Westville in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Westville, SC

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

Average Sale Time

Apr 2024May 2024CHANGE
17 Days15 Days-9.8%

Summary: Homes in Westville had an average of 15 days on market in May 2024, down by 9.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Westville; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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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