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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyman is a seller's market

Buyer's
Market

Difference Since June 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

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$11,700(+4.1%)

Key Takeaway

Homes in Lyman have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Lyman was $298,900 in June 2024, up 4.1% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $234K-
N/A
2 $194.9K$195K
0.1%
3 $260.6K$276.2K
+6.0%
4 $322.8K$317.2K
-1.7%
5+ $343K$600K
+74.9%

Summary: Lyman housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 74.9%.

Median Sold Price Compared To Nearby Cities

Greer
+11.4%
Duncan
+4.5%
Lyman
+4.1%
Wellford
-3.2%

Housing Supply in Lyman, SC

How many homes are available in Lyman, SC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
6479+23.4%

Summary: The Lyman real estate market had 79 homes for sale in June 2024, a 23.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 45
+25.0%
3 2530
+20.0%
4 2939
+34.5%
5+ 64
-33.3%

Summary: The Lyman housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1523+53.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyman, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Lyman in June 2024, up by 53.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Jun 2023Jun 2024CHANGE
16 Days21 Days+29.3%

Summary: Homes in Lyman had an average of 21 days on market in Jun 2024, up by 29.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lyman are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 23 homes were sold in Lyman; 74% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

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

Report Updated 13 Days Ago

Newest Listings in Lyman, SC

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