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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mullins is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Mullins was a Seller's Market.

Key Takeaway

Mullins is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mullins, SC

How much do homes in Mullins, SC cost?

Median Sold Price

$134,900

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$13,000(-8.8%)

Key Takeaway

Homes in Mullins have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in Mullins was $134,900 in February 2024, down 8.8% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $70K$45K
-35.7%
3 $130K$112.5K
-13.5%
4 $240K$193K
-19.6%
5+ -$295K
N/A

Summary: Mullins 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 decreased by 35.7%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Housing Supply in Mullins, SC

How many homes are available in Mullins, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1513-13.3%

Summary: The Mullins real estate market had 13 homes for sale in February 2024, a 13.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 77
0.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Mullins 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mullins, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Mullins in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Mullins, SC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
202 Days74 Days-63.5%

Summary: Homes in Mullins had an average of 74 days on market in Feb 2024, down by 63.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Mullins has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Mullins; 0% of homes were sold within 30 days, 100% 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

Newest Listings in Mullins, SC

Nearby Markets to Mullins, SC