Is Cane Bay Plantation, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cane Bay Plantation is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Cane Bay Plantation was a Seller's Market.

Key Takeaway

Cane Bay Plantation is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cane Bay Plantation, SC

How much do homes in Cane Bay Plantation, SC cost?

Median Sold Price

$435,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$13,661(-3.0%)

Key Takeaway

Homes in Cane Bay Plantation have sold for 3% less than they did a year ago.

Summary: The median home sold price in Cane Bay Plantation was $435,000 in March 2024, down 3% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $450.7K$476.9K
+5.8%
3 $387K$385K
-0.5%
4 $444.9K$426.9K
-4.0%
5+ $486.2K$481K
-1.1%

Summary: Cane Bay Plantation 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 5.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Neighborhoods

Cane Bay Plantation
-3.0%
Four Seasons at Lakes of Cane Bay
-5.6%

Housing Supply in Cane Bay Plantation, SC

How many homes are available in Cane Bay Plantation, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
240267+11.3%

Summary: The Cane Bay Plantation real estate market had 267 homes for sale in March 2024, a 11.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 5354
+1.9%
3 7072
+2.9%
4 7288
+22.2%
5+ 4553
+17.8%

Summary: The Cane Bay Plantation 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 increased by 1.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 17.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3633-8.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cane Bay Plantation, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Cane Bay Plantation in March 2024, down by 8.3% month-over-month. Of the 33 sold homes, 45% were sold under asking, 39% were sold at asking, and 15% were sold over asking.

Days on Market for Cane Bay Plantation, 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 29 Days Ago

Newest Listings in Cane Bay Plantation, SC

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