Is Lyman, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lyman has remained a Seller's Market.
Key Takeaway
Lyman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lyman, SC
How much do homes in Lyman, SC cost?
Median Sold Price
$298,900
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lyman have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Lyman was $298,900 in March 2024, up 1.5% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $284K | $184K | -35.2% |
| 2 Bedrooms | $180K | $192.5K | +6.9% |
| 3 Bedrooms | $289.9K | $276K | -4.8% |
| 4 Bedrooms | $320K | $337K | +5.3% |
| 5+ Bedrooms | $318.5K | $360K | +13.0% |
Summary: Lyman housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 13%.
Housing Supply in Lyman, SC
How many homes are available in Lyman, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 94 | 104 | +10.6% |
Summary: The Lyman real estate market had 104 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 52 | 56 | +7.7% |
| 4 Bedrooms | 22 | 29 | +31.8% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Lyman housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyman, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Lyman in March 2024, up by 21.1% month-over-month. Of the 21 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.
Days on Market for Lyman, SC
How long does it take to sell a home in Lyman, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 46 Days | -21.3% |
Summary: Homes in Lyman had an average of 46 days on market in Mar 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lyman are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Lyman; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
