Is South Charleston, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Charleston is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, South Charleston has remained a Seller's Market.

Key Takeaway

South Charleston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Charleston, OH

How much do homes in South Charleston, OH cost?

Median Sold Price

$280,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,250(+5.4%)

Key Takeaway

Homes in South Charleston have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in South Charleston was $280,000 in May 2024, up 5.4% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $74.9K$115.5K
+54.2%
3 $179.9K$286.5K
+59.3%
4 $364K$450K
+23.6%
5+ $479.9K$440K
-8.3%

Summary: South Charleston 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 54.2%, 3 bedroom homes increased by 59.3%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

South Charleston
+5.4%
Madison Township
+3.1%

Housing Supply in South Charleston, OH

How many homes are available in South Charleston, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
712+71.4%

Summary: The South Charleston real estate market had 12 homes for sale in May 2024, a 71.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 59
+80.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The South Charleston 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 increased by 80%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Charleston, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in South Charleston in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for South Charleston, OH

How long does it take to sell a home in South Charleston, OH?

Average Sale Time

May 2023May 2024CHANGE
20 Days24 Days+20.0%

Summary: Homes in South Charleston had an average of 24 days on market in May 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Charleston has remained consistent over time.

Summary: During May 2024, 3 homes were sold in South Charleston; 33% of homes were sold within 30 days, 67% 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 5 Days Ago

Newest Listings in South Charleston, OH

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