Is Landrum, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
Since last year, Landrum has remained a Seller's Market.
Key Takeaway
Landrum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Landrum, SC cost?
Median Sold Price
$235,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$25,500(+12.1%)
Key Takeaway
Homes in Landrum have sold for 12.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $185K | $187.5K | +1.4% |
| 3 Bedrooms | $217.5K | $252.5K | +16.1% |
| 4 Bedrooms | $227.5K | $314.5K | +38.2% |
| 5+ Bedrooms | $452.2K | $267K | -41.0%  |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Landrum | +12.1% |
| Landrum | -0.6% |
How many homes are available in Landrum, SC?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 14 | 16 | +14.3% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0%  |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Landrum, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 11 Days | 1 Days | -85.1% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Landrum are selling fast, if you're buying plan to act quickly.
