Is Bayview Farms, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayview Farms is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bayview Farms has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bayview Farms, SC

How much do homes in Bayview Farms, SC cost?

Median Sold Price

$640,000

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$35,000(+5.8%)

Key Takeaway

Homes in Bayview Farms have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Bayview Farms was $640,000 in April 2024, up 5.8% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $610K$640K
+4.9%
4 $600K$640K
+6.7%
5+ --
N/A

Summary: Bayview Farms housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.

Housing Supply in Bayview Farms, SC

How many homes are available in Bayview Farms, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Bayview Farms real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 01
+100.0%
5+ 00
0.0%

Summary: The Bayview Farms housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayview Farms, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bayview Farms in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Bayview Farms, 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 17 Days Ago

Newest Listings in Bayview Farms, SC

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