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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santee is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Santee was a Neutral Market.

Key Takeaway

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

Housing Prices in Santee, SC

How much do homes in Santee, SC cost?

Median Sold Price

$288,450

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$6,500(-2.2%)

Key Takeaway

Homes in Santee have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Santee was $288,450 in May 2024, down 2.2% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $81K-
N/A
2 $195K$220K
+12.8%
3 $304.9K$324.9K
+6.6%
4 $498.7K$350K
-29.8%
5+ $749.5K$599K
-20.1%

Summary: Santee 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 12.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 29.8%, and 5+ bedroom homes decreased by 20.1%.

Median Sold Price Compared To Nearby Cities

Santee
-2.2%
Santee-Vance
-4.8%

Housing Supply in Santee, SC

How many homes are available in Santee, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2526+4.0%

Summary: The Santee real estate market had 26 homes for sale in May 2024, a 4.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 108
-20.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Santee 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santee, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Santee in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Santee, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Santee, SC

Nearby Markets to Santee, SC

What housing markets are near Santee, SC?