Is Mc Connells, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Connells is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Mc Connells has remained a Seller's Market.

Key Takeaway

Mc Connells is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mc Connells, SC

How much do homes in Mc Connells, SC cost?

Median Sold Price

$375,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$39,500(+11.8%)

Key Takeaway

Homes in Mc Connells have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Mc Connells was $375,000 in February 2024, up 11.8% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 -$352.5K
N/A
3 $289.9K$330.2K
+13.9%
4 $488.9K$382K
-21.9%
5+ $700K$658K
-6.0%

Summary: Mc Connells housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes decreased by 6%.

Housing Supply in Mc Connells, SC

How many homes are available in Mc Connells, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
23+50.0%

Summary: The Mc Connells real estate market had 3 homes for sale in February 2024, a 50.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Mc Connells housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Connells, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mc Connells in February 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mc Connells, SC

How long does it take to sell a home in Mc Connells, SC?

Average Sale Time

Feb 2023Feb 2024CHANGE
19 Days17 Days-12.8%

Summary: Homes in Mc Connells had an average of 17 days on market in Feb 2024, down by 12.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Mc Connells; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

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