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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McClellanville is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in McClellanville, SC

How much do homes in McClellanville, SC cost?

Median Sold Price

$621,900

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$108,100(-14.8%)

Key Takeaway

Homes in McClellanville have sold for 14.8% less than they did a year ago.

Summary: The median home sold price in McClellanville was $621,900 in March 2024, down 14.8% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$434.5K
N/A
2 $512.5K$500K
-2.4%
3 $795K$704.5K
-11.4%
4 $575K$667.4K
+16.1%
5+ $2.5M$670K
-73.2%

Summary: McClellanville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 73.2%.

Median Sold Price Compared To Nearby Cities

Mc Clellanville
+1.7%
McClellanville
-14.8%

Housing Supply in McClellanville, SC

How many homes are available in McClellanville, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
910+11.1%

Summary: The McClellanville real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 56
+20.0%
4 34
+33.3%
5+ 00
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McClellanville, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in McClellanville in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for McClellanville, SC

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in McClellanville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 5 homes were sold in McClellanville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

Newest Listings in McClellanville, SC

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