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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duncan is a neutral'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

+$102,600(+46.7%)

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

# BEDSNov 2022Nov 2023CHANGE
1 $40K-
N/A
2 $245K$173.5K
-29.2%
3 $218.7K$285.7K
+30.6%
4 $331.7K$376.9K
+13.6%
5+ -$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.

Median Sold Price Compared To Nearby Cities

Duncan
+46.7%
Wellford
+24.1%
Lyman
+11.1%
Greer
+10.4%
Greer
-3.6%

Housing Supply in Duncan, SC

How many homes are available in Duncan, SC?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
1091090.0%

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

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 33
0.0%
3 5760
+5.3%
4 3938
-2.6%
5+ 108
-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 2023Nov 2023CHANGE
1716-5.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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

Breakdown of Home Sale Times

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.

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

Report Updated 8 Days Ago

Newest Listings in Duncan, SC

Nearby Markets to Duncan, SC

What housing markets are near Duncan, SC?