Is Laurens, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Laurens was a Buyer's Market.
Housing Prices in Laurens, SC
How much do homes in Laurens, SC cost?
Median Sold Price
$214,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Laurens was $214,500 in March 2024, down 3.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $160K | +10.3% |
3 Bedrooms | $232.5K | $197.2K | -15.2% |
4 Bedrooms | $244.9K | $299.8K | +22.4% |
5+ Bedrooms | $280K | $304K | +8.6% |
Summary: Laurens 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 10.3%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in Laurens, SC
How many homes are available in Laurens, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 68 | +13.3% |
Summary: The Laurens real estate market had 68 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 42 | 43 | +2.4% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Laurens housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Laurens in March 2024, up by 36.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for Laurens, SC
How long does it take to sell a home in Laurens, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 68 Days | +14.2% |
Summary: Homes in Laurens had an average of 68 days on market in Mar 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Laurens; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.