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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duncan is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Duncan, SC cost?

Median Sold Price

$210,490

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$43,490(+26.0%)

Key Takeaway

Homes in Duncan have sold for 26% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 -$40K
N/A
2 $115K$152.7K
+32.8%
3 $167.5K$210.4K
+25.7%
4 $190K$225K
+18.4%
5+ -$287K
N/A

Median Sold Price Compared To Nearby Cities

Duncan
+26.0%
Greer
+21.5%
Wellford
+21.3%
Greer
+20.2%
Lyman
+13.2%

How many homes are available in Duncan, SC?

Number of Homes For Sale

Jun 2022Jul 2022%
2721-22.2%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 53
-40.0%
3 1614
-12.5%
4 54
-20.0%
5+ 10
-100.0%

Number of Homes Sold

Jun 2022Jul 2022%
125-58.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duncan, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
0 Days7 Days+2200.0%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Duncan are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Duncan, SC

Duncan, SC has 21 homes for sale to choose from. The number of homes for sale in Duncan, SC decreased by 22.2% between June 2022 and July 2022. While the average time on the market in July 2022 was 7 days, the median list price was $210,490. Between June 2022 and July 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 32.8%, 3 bedrooms properties prices increased by 25.7%, the cost of 4 bedrooms properties went up by 18.4%, 5 bedrooms properties prices increased by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 40%, volume of 3 bedrooms homes went down by 12.5%, 4 bedrooms homes inventory decreased by 20%, volume of 5 bedrooms homes went down by 100%. Over 2 listings were sold over their listed price in July 2022 in Duncan, SC. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.

Related Housing Market Reports