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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kershaw is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Kershaw 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 Kershaw, SC

How much do homes in Kershaw, SC cost?

Median Sold Price

$218,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,000(+4.3%)

Key Takeaway

Homes in Kershaw have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Kershaw was $218,000 in March 2024, up 4.3% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$203K
N/A
2 $150K$134.9K
-10.1%
3 $215.6K$224.2K
+4.0%
4 $340K$246.8K
-27.4%
5+ $195K$406.8K
+108.6%

Summary: Kershaw 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 decreased by 10.1%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 27.4%, and 5+ bedroom homes increased by 108.6%.

Housing Supply in Kershaw, SC

How many homes are available in Kershaw, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3742+13.5%

Summary: The Kershaw real estate market had 42 homes for sale in March 2024, a 13.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 2025
+25.0%
4 43
-25.0%
5+ 44
0.0%

Summary: The Kershaw 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 increased by 12.5%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kershaw, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Kershaw in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Kershaw, SC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
35 Days98 Days+179.0%

Summary: Homes in Kershaw had an average of 98 days on market in Mar 2024, up by 179% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 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 Kershaw has remained consistent over time.

Summary: During March 2024, 7 homes were sold in Kershaw; 14% of homes were sold within 30 days, 57% 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 24 Days Ago

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