Is Woodruff, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Woodruff has remained a Seller's Market.
Housing Prices in Woodruff, SC
How much do homes in Woodruff, SC cost?
Median Sold Price
$294,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodruff was $294,500 in May 2024, up 7.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $82.5K | $56.2K | -31.8% |
2 Bedrooms | $134.9K | $184.9K | +37.1% |
3 Bedrooms | $265K | $264K | -0.4% |
4 Bedrooms | $338.7K | $347.1K | +2.5% |
5+ Bedrooms | $319.9K | $449.9K | +40.7% |
Summary: Woodruff housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 37.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 40.7%.
Housing Supply in Woodruff, SC
How many homes are available in Woodruff, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
219 | 272 | +24.2% |
Summary: The Woodruff real estate market had 272 homes for sale in May 2024, a 24.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 20 | +42.9% |
3 Bedrooms | 85 | 103 | +21.2% |
4 Bedrooms | 84 | 106 | +26.2% |
5+ Bedrooms | 34 | 41 | +20.6% |
Summary: The Woodruff 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 increased by 21.2%, 4 bedroom homes increased by 26.2%, and 5+ bedroom homes increased by 20.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 65 | +195.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Woodruff in May 2024, up by 195.5% month-over-month. Of the 61 sold homes, 38% were sold under asking, 46% were sold at asking, and 16% were sold over asking.
Days on Market for Woodruff, SC
How long does it take to sell a home in Woodruff, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 39 Days | +132.3% |
Summary: Homes in Woodruff had an average of 39 days on market in May 2024, up by 132.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 65 homes were sold in Woodruff; 28% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.