Is Carolina Forest, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Carolina Forest was a Seller's Market.
Housing Prices in Carolina Forest, SC
How much do homes in Carolina Forest, SC cost?
Median Sold Price
$334,919
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Carolina Forest was $334,919 in March 2024, down 3.5% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129K | $131K | +1.6% |
2 Bedrooms | $199.8K | $199K | -0.4% |
3 Bedrooms | $310K | $298.8K | -3.6% |
4 Bedrooms | $500.8K | $514.2K | +2.7% |
5+ Bedrooms | $620K | $737.8K | +19.0% |
Summary: Carolina Forest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 19%.
Median Sold Price Compared To Nearby Neighborhoods
Waterbridge | $632.5K | $645K | +2.0% |
Carolina Forest | $347.1K | $334.9K | -3.5% |
Brighton Lakes | $500K | $445K | -11.0% |
Housing Supply in Carolina Forest, SC
How many homes are available in Carolina Forest, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
372 | 401 | +7.8% |
Summary: The Carolina Forest real estate market had 401 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 77 | 89 | +15.6% |
3 Bedrooms | 140 | 150 | +7.1% |
4 Bedrooms | 100 | 109 | +9.0% |
5+ Bedrooms | 50 | 47 | -6.0% |
Summary: The Carolina Forest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 9%, and 5+ bedroom homes decreased by 6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 57 | -8.1% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Carolina Forest in March 2024, down by 8.1% month-over-month. Of the 57 sold homes, 72% were sold under asking, 23% were sold at asking, and 5% were sold over asking.
Days on Market for Carolina Forest, SC
How long does it take to sell a home in Carolina Forest, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
126 Days | 94 Days | -25.2% |
Summary: Homes in Carolina Forest had an average of 94 days on market in Mar 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During March 2024, 57 homes were sold in Carolina Forest; 5% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.