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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Iva is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Iva 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 Iva, SC

How much do homes in Iva, SC cost?

Median Sold Price

$202,000

-

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$20,000(-9.0%)

Key Takeaway

Homes in Iva have sold for 9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$103.7K
N/A
2 $69K$185K
+168.1%
3 $227K$201K
-11.5%
4 $675K$216K
-68.0%
5+ $430K-
N/A

Summary: Iva 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 168.1%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 68%, and 5+ bedroom homes did not change.

Housing Supply in Iva, SC

How many homes are available in Iva, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3335+6.1%

Summary: The Iva real estate market had 35 homes for sale in March 2024, a 6.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 88
0.0%
3 1720
+17.6%
4 76
-14.3%
5+ 00
0.0%

Summary: The Iva 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 17.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Iva in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Mar 2023Mar 2024CHANGE
101 Days95 Days-5.9%

Summary: Homes in Iva had an average of 95 days on market in Mar 2024, down by 5.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 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 March 2024, 5 homes were sold in Iva; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 23 Days Ago

Newest Listings in Iva, SC

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What housing markets are near Iva, SC?