Is Abbeville County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Abbeville County is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Abbeville County, SC cost?

Median Sold Price

$159,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$37,500(-19.1%)

Key Takeaway

Homes in Abbeville County have sold for 19.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $65K$29.9K
-54.0%
2 $111.4K$120K
+7.7%
3 $189.5K$167.5K
-11.6%
4 $265K$367.5K
+38.7%
5+ $265K$250K
-5.7%

Median Sold Price Compared To Nearby Counties

Anderson County
+14.0%
Elbert County
+10.0%
Abbeville County
-19.1%

How many homes are available in Abbeville County, SC?

Number of Homes For Sale

Oct 2022Nov 2022%
2526+4.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 63
-50.0%
3 1013
+30.0%
4 46
+50.0%
5+ 54
-20.0%

Number of Homes Sold

Oct 2022Nov 2022%
46+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Abbeville County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
67 Days59 Days-12.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Abbeville County has remained consistent over time.

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

About Abbeville County, SC

There are 26 homes are for sale in Abbeville County, SC real estate market. The number of homes for sale in Abbeville County, SC increased by 4% between October 2022 and November 2022. In November 2022 median list price was $159,000 and the average listing age was 59 days. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went down by 54%, prices of 2 bedrooms properties went up by 7.7%, prices of 3 bedrooms properties decreased by 11.6%, prices of 4 bedrooms properties increased by 38.7%, prices of 5 bedrooms properties decreased by 5.7%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes became 50% less available, 3 bedrooms homes became 30% more available, 4 bedrooms homes inventory increased by 50%, 5 bedrooms homes became 20% less available. Abbeville County, SC housing market in November 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 5 sold below.

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