Is Chesnee, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chesnee was a Buyer's Market.
Key Takeaway
Chesnee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chesnee, SC
How much do homes in Chesnee, SC cost?
Median Sold Price
$299,999
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Chesnee have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Chesnee was $299,999 in April 2024, up 16.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $161.5K | $220K | +36.2% |
| 3 Bedrooms | $257.5K | $264.9K | +2.9% |
| 4 Bedrooms | $292.8K | $375K | +28.1% |
| 5+ Bedrooms | $366K | $367K | 0.3% |
Summary: Chesnee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Chesnee | $257.5K | $299.9K | +16.5% |
| Macedonia | $279.9K | $309.9K | +10.7% |
Housing Supply in Chesnee, SC
How many homes are available in Chesnee, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 99 | 86 | -13.1% |
Summary: The Chesnee real estate market had 86 homes for sale in April 2024, a 13.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 57 | 53 | -7.0% |
| 4 Bedrooms | 29 | 19 | -34.5% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Chesnee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 34.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 19 | -40.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesnee, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Chesnee in April 2024, down by 40.6% month-over-month. Of the 16 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.
Days on Market for Chesnee, SC
How long does it take to sell a home in Chesnee, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 50 Days | -24.8% |
Summary: Homes in Chesnee had an average of 50 days on market in Apr 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chesnee are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in Chesnee; 32% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
