Is Central, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$250,000
-
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Central have sold for 51.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $91K | N/A |
| 2 Bedrooms | $136.2K | $130.5K | -4.2% |
| 3 Bedrooms | $230K | $262K | +13.9% |
| 4 Bedrooms | $165K | $185.5K | +12.4% |
| 5+ Bedrooms | $384.9K | $540K | +40.3% |
Summary: Central 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 decreased by 4.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 40.3%.
Median Sold Price Compared To Nearby Cities
| Central | $165.5K | $250K | +51.1% |
| Clemson | $315K | $365K | +15.9% |
Housing Supply in Central, SC
How many homes are available in Central, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 63 | +12.5% |
Summary: The Central real estate market had 63 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 7 | +133.3% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Central housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Central, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Central in March 2024, the same as the previous month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 63 Days | +7.4% |
Summary: Homes in Central had an average of 63 days on market in Mar 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Central has remained consistent over time.
Summary: During March 2024, 12 homes were sold in Central; 8% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
