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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meggett is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Meggett, SC cost?

Median Sold Price

$700,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$165,750(+31.0%)

Key Takeaway

Homes in Meggett have sold for 31% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $530K$830K
+56.6%
3 $508.5K$665K
+30.8%
4 $538.5K$1.1M
+117.3%
5+ $681.5K-
N/A

Median Sold Price Compared To Nearby Cities

Meggett
+31.0%
Ravenel-Hollywood
+12.0%
Hollywood
+5.7%

How many homes are available in Meggett, SC?

Number of Homes For Sale

Aug 2022Sep 2022%
65-16.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 10
-100.0%
3 44
0.0%
4 00
0.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Meggett, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
30 Days49 Days+61.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Meggett has remained consistent over time.

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

About Meggett, SC

There are 5 homes are for sale in Meggett, SC real estate market. The number of listings in Meggett, SC decreased by 16.7% between August 2022 and September 2022. In September 2022, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $700,000. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 56.6% more expensive, 3 bedrooms properties became 30.8% more expensive, prices of 4 bedrooms properties increased by 117.3%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 100%, volume of 3 bedrooms homes stayed the same, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. While more than 0 listings in Meggett, SC in September 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below.

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