Is Galivants Ferry, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Galivants Ferry is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Galivants Ferry was a Seller's Market.

Key Takeaway

Galivants Ferry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Galivants Ferry, SC

How much do homes in Galivants Ferry, SC cost?

Median Sold Price

$299,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,001(+3.1%)

Key Takeaway

Homes in Galivants Ferry have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Galivants Ferry was $299,000 in March 2024, up 3.1% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $150K$169.9K
+13.3%
2 $249K$100K
-59.8%
3 $280K$277.7K
-0.8%
4 $308.5K$370.1K
+20.0%
5+ $516K$505.1K
-2.1%

Summary: Galivants Ferry housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 59.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Cities

Galivants Ferry
+3.1%
Aynor
-9.8%

Housing Supply in Galivants Ferry, SC

How many homes are available in Galivants Ferry, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3440+17.6%

Summary: The Galivants Ferry real estate market had 40 homes for sale in March 2024, a 17.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2428
+16.7%
4 67
+16.7%
5+ 45
+25.0%

Summary: The Galivants Ferry housing inventory by bedroom type for March 2024 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 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Galivants Ferry, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Galivants Ferry in March 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Galivants Ferry, SC

How long does it take to sell a home in Galivants Ferry, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
161 Days144 Days-10.7%

Summary: Homes in Galivants Ferry had an average of 144 days on market in Mar 2024, down by 10.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Galivants Ferry are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 5 homes were sold in Galivants Ferry; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 24 Days Ago

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