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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Iva is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Iva was a Buyer's Market.

Key Takeaway

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

Housing Prices in Iva, SC

How much do homes in Iva, SC cost?

Median Sold Price

$201,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$5,300(+2.7%)

Key Takeaway

Homes in Iva have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Iva was $201,500 in September 2024, up 2.7% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$103.7K
N/A
2 $179K$203K
+13.4%
3 $202K$197.7K
-2.1%
4 $687K$232K
-66.2%
5+ --
N/A

Summary: Iva housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 66.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Iva
+2.7%
Iva
0.3%

Housing Supply in Iva, SC

How many homes are available in Iva, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3237+15.6%

Summary: The Iva real estate market had 37 homes for sale in September 2024, a 15.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 69
+50.0%
3 2021
+5.0%
4 44
0.0%
5+ 22
0.0%

Summary: The Iva housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

3 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 Iva, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Iva in September 2024, up by 75.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Iva, SC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
122 Days145 Days+18.4%

Summary: Homes in Iva had an average of 145 days on market in Sep 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Iva has remained consistent over time.

Summary: During September 2024, 7 homes were sold in Iva; 0% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 6 Days Ago

Newest Listings in Iva, SC

Nearby Markets to Iva, SC

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