Is Forest Lakes Extension, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Lakes Extension is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Forest Lakes Extension has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Forest Lakes Extension, SC

How much do homes in Forest Lakes Extension, SC cost?

Median Sold Price

$440,000

$276/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$10,000(-2.2%)

Key Takeaway

Homes in Forest Lakes Extension have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in Forest Lakes Extension was $440,000 in April 2024, down 2.2% from last month, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $450K$440K
-2.2%
4 --
N/A
5+ --
N/A

Summary: Forest Lakes Extension housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Forest Lakes Extension, SC

How many homes are available in Forest Lakes Extension, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The Forest Lakes Extension real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Forest Lakes Extension 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Lakes Extension, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Forest Lakes Extension in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Forest Lakes Extension, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 22 Days Ago

Newest Listings in Forest Lakes Extension, SC

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