Is Duncan, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Duncan was a Buyer's Market.
Key Takeaway
Duncan is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Duncan, SC
How much do homes in Duncan, SC cost?
Median Sold Price
$322,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Duncan have sold for 46.7% more than they did a year ago.
Summary: The median home sold price in Duncan was $322,500 in November 2023, up 46.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $40K | - | N/A |
| 2 Bedrooms | $245K | $173.5K | -29.2% |
| 3 Bedrooms | $218.7K | $285.7K | +30.6% |
| 4 Bedrooms | $331.7K | $376.9K | +13.6% |
| 5+ Bedrooms | - | $435K | N/A |
Summary: Duncan housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.2%, 3 bedroom homes increased by 30.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes did not change.
Housing Supply in Duncan, SC
How many homes are available in Duncan, SC?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 109 | 109 | 0.0% |
Summary: The Duncan real estate market had 109 homes for sale in November 2023, the same as October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 57 | 60 | +5.3% |
| 4 Bedrooms | 39 | 38 | -2.6% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Duncan housing inventory by bedroom type for November 2023 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 5.3%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Duncan, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Duncan in November 2023, down by 5.9% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.
Days on Market for Duncan, SC
How long does it take to sell a home in Duncan, SC?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Duncan are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 16 homes were sold in Duncan; 25% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
