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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belton is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Belton, SC

How much do homes in Belton, SC cost?

Median Sold Price

$243,700

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$53,000(+27.8%)

Key Takeaway

Homes in Belton have sold for 27.8% more than they did a year ago.

Summary: The median home sold price in Belton was $243,700 in March 2024, up 27.8% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $350K-
N/A
2 $129.9K$160K
+23.1%
3 $200K$233.7K
+16.9%
4 $222.5K$415K
+86.5%
5+ $511.4K$501.3K
-2.0%

Summary: Belton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 86.5%, and 5+ bedroom homes decreased by 2%.

Housing Supply in Belton, SC

How many homes are available in Belton, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7383+13.7%

Summary: The Belton real estate market had 83 homes for sale in March 2024, a 13.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 88
0.0%
3 4146
+12.2%
4 2022
+10.0%
5+ 47
+75.0%

Summary: The Belton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2016-20.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belton, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Belton in March 2024, down by 20.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for Belton, SC

How long does it take to sell a home in Belton, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
81 Days16 Days-79.9%

Summary: Homes in Belton had an average of 16 days on market in Mar 2024, down by 79.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belton are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in Belton; 38% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

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