Is Loris, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Loris has remained a Buyer's Market.
Housing Prices in Loris, SC
How much do homes in Loris, SC cost?
Median Sold Price
$285,550
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Loris was $285,550 in June 2024, up 1.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $122.5K | $225K | +83.7% |
2 Bedrooms | $150K | $189.5K | +26.3% |
3 Bedrooms | $271.7K | $285K | +4.9% |
4 Bedrooms | $346.4K | $310.8K | -10.2% |
5+ Bedrooms | $630K | $465.6K | -26.1% |
Summary: Loris housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.7%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 26.1%.
Housing Supply in Loris, SC
How many homes are available in Loris, SC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
121 | 119 | -1.7% |
Summary: The Loris real estate market had 119 homes for sale in June 2024, a 1.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 74 | 73 | -1.4% |
4 Bedrooms | 33 | 32 | -3.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Loris housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
21 | 13 | -38.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Loris in June 2024, down by 38.1% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.
Days on Market for Loris, SC
How long does it take to sell a home in Loris, SC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
136 Days | 143 Days | +5.1% |
Summary: Homes in Loris had an average of 143 days on market in Jun 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During June 2024, 13 homes were sold in Loris; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 62% of homes were sold over 90 days.