Is McClellanville, 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, 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
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
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $434.5K | N/A |
| 2 Bedrooms | $512.5K | $500K | -2.4% |
| 3 Bedrooms | $795K | $704.5K | -11.4% |
| 4 Bedrooms | $575K | $667.4K | +16.1% |
| 5+ Bedrooms | $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 | $575K | $584.8K | +1.7% |
| McClellanville | $730K | $621.9K | -14.8% |
Housing Supply in McClellanville, SC
How many homes are available in McClellanville, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +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
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +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
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
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.
