Is Little River, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$354,040
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Little River was $354,040 in February 2024, up 2.6% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $214K | +7.0% |
2 Bedrooms | $259.3K | $270K | +4.1% |
3 Bedrooms | $372.5K | $386.8K | +3.8% |
4 Bedrooms | $575K | $555K | -3.5% |
5+ Bedrooms | $819K | $738.5K | -9.8% |
Summary: Little River housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
Longs | $284.9K | $295K | +3.5% |
Little River | $344.9K | $354K | +2.6% |
North Myrtle Beach | $379.9K | $383.3K | +0.9% |
Housing Supply in Little River, SC
How many homes are available in Little River, SC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1,046 | 1,152 | +10.1% |
Summary: The Little River real estate market had 1,152 homes for sale in February 2024, a 10.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 114 | 120 | +5.3% |
2 Bedrooms | 291 | 334 | +14.8% |
3 Bedrooms | 426 | 471 | +10.6% |
4 Bedrooms | 145 | 156 | +7.6% |
5+ Bedrooms | 70 | 71 | +1.4% |
Summary: The Little River housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 1.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
135 | 134 | -0.7% |
Asking Price vs. Sold Price
116 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 134 homes were sold or pending in Little River in February 2024, down by 0.7% month-over-month. Of the 134 sold homes, 87% were sold under asking, 10% were sold at asking, and 3% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
102 Days | 113 Days | +10.2% |
Summary: Homes in Little River had an average of 113 days on market in Feb 2024, up by 10.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
73 Homes Were Sold
Over 90 Days
Summary: During February 2024, 134 homes were sold in Little River; 2% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 54% of homes were sold over 90 days.