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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gramling is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Gramling 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 Gramling, SC

How much do homes in Gramling, SC cost?

Median Sold Price

$386,500

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,000(+8.1%)

Key Takeaway

Homes in Gramling have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Gramling was $386,500 in March 2024, up 8.1% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$787.5K
N/A
2 $125K$225K
+80.0%
3 $376.5K$340K
-9.7%
4 $337.5K$510K
+51.1%
5+ $499K$379K
-24.0%

Summary: Gramling housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 51.1%, and 5+ bedroom homes decreased by 24%.

Median Sold Price Compared To Nearby Cities

Greer
+10.0%
Gramling
+8.1%
Campobello
+3.0%

Housing Supply in Gramling, SC

How many homes are available in Gramling, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3536+2.9%

Summary: The Gramling real estate market had 36 homes for sale in March 2024, a 2.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1615
-6.3%
4 1314
+7.7%
5+ 24
+100.0%

Summary: The Gramling 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 decreased by 25%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

5 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 Gramling, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Gramling in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Gramling, SC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
15 Days6 Days-58.5%

Summary: Homes in Gramling had an average of 6 days on market in Mar 2024, down by 58.5% compared to last year.

Breakdown of Home Sale Times

2 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 Gramling are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Gramling; 33% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in Gramling, SC

Nearby Markets to Gramling, SC

What housing markets are near Gramling, SC?