Is Anderson, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Anderson was a Neutral Market.
Housing Prices in Anderson, SC
How much do homes in Anderson, SC cost?
Median Sold Price
$262,833
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Anderson was $262,833 in February 2024, up 23.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $133K | +232.5% |
2 Bedrooms | $132.5K | $146.1K | +10.3% |
3 Bedrooms | $219K | $255K | +16.4% |
4 Bedrooms | $312.7K | $365.3K | +16.8% |
5+ Bedrooms | $429.9K | $438.7K | +2.1% |
Summary: Anderson housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 232.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in Anderson, SC
How many homes are available in Anderson, SC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
520 | 593 | +14.0% |
Summary: The Anderson real estate market had 593 homes for sale in February 2024, a 14.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 80 | 87 | +8.8% |
3 Bedrooms | 302 | 340 | +12.6% |
4 Bedrooms | 92 | 117 | +27.2% |
5+ Bedrooms | 41 | 43 | +4.9% |
Summary: The Anderson housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 4.9%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
86 | 100 | +16.3% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 100 homes were sold or pending in Anderson in February 2024, up by 16.3% month-over-month. Of the 99 sold homes, 46% were sold under asking, 32% were sold at asking, and 21% were sold over asking.
Days on Market for Anderson, SC
How long does it take to sell a home in Anderson, SC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
55 Days | 47 Days | -14.1% |
Summary: Homes in Anderson had an average of 47 days on market in Feb 2024, down by 14.1% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During February 2024, 100 homes were sold in Anderson; 28% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.