Is Little River, 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, Little River was a Seller's Market.
Housing Prices in Little River, SC
How much do homes in Little River, SC cost?
Median Sold Price
$354,820
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Little River was $354,820 in March 2024, up 2.9% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206.5K | $215K | +4.1% |
2 Bedrooms | $260K | $270K | +3.8% |
3 Bedrooms | $372.9K | $389.6K | +4.5% |
4 Bedrooms | $565.7K | $550K | -2.8% |
5+ Bedrooms | $802.5K | $753.5K | -6.1% |
Summary: Little River housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Cities
Briarcliffe Acres | $829K | $885K | +6.8% |
Longs | $285K | $299.8K | +5.2% |
Little River | $344.9K | $354.8K | +2.9% |
North Myrtle Beach | $383.7K | $379.9K | -1.0% |
Housing Supply in Little River, SC
How many homes are available in Little River, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,138 | 1,254 | +10.2% |
Summary: The Little River real estate market had 1,254 homes for sale in March 2024, a 10.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 117 | 128 | +9.4% |
2 Bedrooms | 334 | 395 | +18.3% |
3 Bedrooms | 471 | 509 | +8.1% |
4 Bedrooms | 144 | 149 | +3.5% |
5+ Bedrooms | 72 | 73 | +1.4% |
Summary: The Little River housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 1.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
155 | 185 | +19.4% |
Asking Price vs. Sold Price
145 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 185 homes were sold or pending in Little River in March 2024, up by 19.4% month-over-month. Of the 185 sold homes, 78% were sold under asking, 17% were sold at asking, and 4% were sold over asking.
Days on Market for Little River, SC
How long does it take to sell a home in Little River, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
97 Days | 108 Days | +10.9% |
Summary: Homes in Little River had an average of 108 days on market in Mar 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
83 Homes Were Sold
In 30 - 90 Days
94 Homes Were Sold
Over 90 Days
Summary: During March 2024, 185 homes were sold in Little River; 4% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 51% of homes were sold over 90 days.