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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Longs is a neutral's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

Longs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Longs, SC cost?

Median Sold Price

$274,950

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$52,483(+23.6%)

Key Takeaway

Homes in Longs have sold for 23.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $69.5K$92K
+32.3%
2 $113.5K$170K
+49.8%
3 $225K$270K
+20.0%
4 $254.6K$318K
+24.9%
5+ $315K$340K
+7.9%

Median Sold Price Compared To Nearby Cities

Little River
+25.0%
Longs
+23.6%
Shallotte Township
+22.8%
Conway East
+20.1%

How many homes are available in Longs, SC?

Number of Homes For Sale

Oct 2022Nov 2022%
6970+1.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 78
+14.3%
3 4544
-2.2%
4 1513
-13.3%
5+ 25
+150.0%

Number of Homes Sold

Oct 2022Nov 2022%
1511-26.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Longs, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
73 Days93 Days+27.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Longs has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Longs, SC

Number of homes for sale in Longs, SC real estate market have reached 70. The inventory of homes for sale in Longs, SC between October 2022 and November 2022 increased by 1.4%. While the average time on the market in November 2022 was 93 days, the median list price was $274,950. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 32.3%, the cost of 2 bedrooms properties went up by 49.8%, 3 bedrooms properties became 20% more expensive, 4 bedrooms properties prices increased by 24.9%, prices of 5 bedrooms properties went up by 7.9%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 14.3%, number of 3 bedrooms homes decreased by 2.2%, 4 bedrooms homes inventory decreased by 13.3%, the quantity of 5 bedrooms homes went up by 150%. Longs, SC housing market in November 2022 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 7 sold below.

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