Is Conway East, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Conway East was a Seller's Market.
Housing Prices in Conway East, SC
How much do homes in Conway East, SC cost?
Median Sold Price
$332,841
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Conway East was $332,841 in April 2024, down 0.6% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $130K | -2.3% |
2 Bedrooms | $219.9K | $215K | -2.2% |
3 Bedrooms | $315.2K | $314.9K | -0.1% |
4 Bedrooms | $481.4K | $451.8K | -6.2% |
5+ Bedrooms | $556.3K | $515K | -7.4% |
Summary: Conway East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
Longs | $289.8K | $299.9K | +3.5% |
Little River | $345.1K | $356.1K | +3.2% |
Conway | $290K | $294.9K | +1.7% |
Myrtle Beach | $314.8K | $317K | +0.7% |
Conway East | $334.8K | $332.8K | -0.6% |
Housing Supply in Conway East, SC
How many homes are available in Conway East, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,155 | 1,211 | +4.8% |
Summary: The Conway East real estate market had 1,211 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 14 | +7.7% |
2 Bedrooms | 222 | 238 | +7.2% |
3 Bedrooms | 535 | 571 | +6.7% |
4 Bedrooms | 287 | 293 | +2.1% |
5+ Bedrooms | 98 | 95 | -3.1% |
Summary: The Conway East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 3.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
191 | 200 | +4.7% |
Asking Price vs. Sold Price
135 Homes Were Sold
Under Asking
52 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 200 homes were sold or pending in Conway East in April 2024, up by 4.7% month-over-month. Of the 200 sold homes, 68% were sold under asking, 26% were sold at asking, and 7% were sold over asking.
Days on Market for Conway East, SC
How long does it take to sell a home in Conway East, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
109 Days | 106 Days | -2.6% |
Summary: Homes in Conway East had an average of 106 days on market in Apr 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
102 Homes Were Sold
In 30 - 90 Days
89 Homes Were Sold
Over 90 Days
Summary: During April 2024, 200 homes were sold in Conway East; 4% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.