Is Moncks Corner, 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, Moncks Corner has remained a Seller's Market.
Key Takeaway
Moncks Corner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moncks Corner, SC
How much do homes in Moncks Corner, SC cost?
Median Sold Price
$360,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Moncks Corner has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $160K | +32.2% |
| 2 Bedrooms | $175K | $239.9K | +37.1% |
| 3 Bedrooms | $329K | $325K | -1.2% |
| 4 Bedrooms | $377.1K | $375K | -0.6% |
| 5+ Bedrooms | $421.5K | $439K | +4.1% |
Summary: Moncks Corner housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.2%, 2 bedroom homes increased by 37.1%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
| Moncks Corner | $360K | $360K | 0% |
| Goose Creek-Hanahan | $374.6K | $369.9K | -1.2% |
Housing Supply in Moncks Corner, SC
How many homes are available in Moncks Corner, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 201 | 234 | +16.4% |
Summary: The Moncks Corner real estate market had 234 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 69 | 94 | +36.2% |
| 4 Bedrooms | 93 | 98 | +5.4% |
| 5+ Bedrooms | 35 | 37 | +5.7% |
Summary: The Moncks Corner housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 36.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moncks Corner, expect to pay close to the asking price. 46% of homes here sold near the asking price last month.
Summary: A total of 50 homes were sold or pending in Moncks Corner in March 2024, up by 4.2% month-over-month. Of the 50 sold homes, 38% were sold under asking, 46% were sold at asking, and 16% were sold over asking.
Days on Market for Moncks Corner, SC
We’re sorry, we don't have information for this market at the moment
