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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Central is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Central, SC

How much do homes in Central, SC cost?

Median Sold Price

$369,445

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$71,945(+24.2%)

Key Takeaway

Homes in Central have sold for 24.2% more than they did a year ago.

Summary: The median home sold price in Central was $369,445 in September 2024, up 24.2% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $140K$197.5K
+41.1%
3 $318K$383.7K
+20.7%
4 $249.9K$204K
-18.4%
5+ $400K$549.9K
+37.5%

Summary: Central housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 37.5%.

Median Sold Price Compared To Nearby Cities

Central
+24.2%
Clemson
+14.3%

Housing Supply in Central, SC

How many homes are available in Central, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7269-4.2%

Summary: The Central real estate market had 69 homes for sale in September 2024, a 4.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 88
0.0%
3 3133
+6.5%
4 2320
-13.0%
5+ 97
-22.2%

Summary: The Central housing inventory by bedroom type for September 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 6.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2116-23.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 16 homes were sold or pending in Central in September 2024, down by 23.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.

Days on Market for Central, SC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
39 Days84 Days+111.3%

Summary: Homes in Central had an average of 84 days on market in Sep 2024, up by 111.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Central has remained consistent over time.

Summary: During September 2024, 16 homes were sold in Central; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% 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 30 Days Ago

Newest Listings in Central, SC

Nearby Markets to Central, SC

What housing markets are near Central, SC?