Is Chester County, 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, Chester County was a Seller's Market.
Housing Prices in Chester County, SC
How much do homes in Chester County, SC cost?
Median Sold Price
$225,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chester County was $225,000 in March 2024, up 9.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.9K | $32.4K | -72.5% |
2 Bedrooms | $145K | $134.5K | -7.2% |
3 Bedrooms | $220K | $226.5K | +3.0% |
4 Bedrooms | $280K | $272K | -2.9% |
5+ Bedrooms | $355K | $270K | -23.9% |
Summary: Chester County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.5%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 23.9%.
Median Sold Price Compared To Nearby Counties
Chester County | $205.5K | $225K | +9.5% |
Union County | $154.5K | $165.8K | +7.3% |
York County | $380.2K | $385K | +1.3% |
Lancaster County | $410.2K | $410.5K | 0.1% |
Housing Supply in Chester County, SC
How many homes are available in Chester County, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
100 | 109 | +9.0% |
Summary: The Chester County real estate market had 109 homes for sale in March 2024, a 9.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 25 | 25 | 0.0% |
3 Bedrooms | 59 | 67 | +13.6% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Chester County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Chester County in March 2024, down by 26.3% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for Chester County, SC
How long does it take to sell a home in Chester County, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 72 Days | +47.7% |
Summary: Homes in Chester County had an average of 72 days on market in Mar 2024, up by 47.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in Chester County; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.