Is Old Rice Retreat, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Rice Retreat is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Old Rice Retreat was a Seller's Market.

Key Takeaway

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

Housing Prices in Old Rice Retreat, SC

How much do homes in Old Rice Retreat, SC cost?

Median Sold Price

$366,500

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$23,500(-6.0%)

Key Takeaway

Homes in Old Rice Retreat have sold for 6% less than they did a year ago.

Summary: The median home sold price in Old Rice Retreat was $366,500 in April 2024, down 6% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $369K$350K
-5.1%
4 $399.9K$382.2K
-4.4%
5+ $448.9K$405K
-9.8%

Summary: Old Rice Retreat housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 9.8%.

Median Sold Price Compared To Nearby Neighborhoods

Del Webb
0.0%
Cane Bay Plantation
-2.1%
Old Rice Retreat
-6.0%

Housing Supply in Old Rice Retreat, SC

How many homes are available in Old Rice Retreat, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1216+33.3%

Summary: The Old Rice Retreat real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 79
+28.6%
5+ 12
+100.0%

Summary: The Old Rice Retreat housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Old Rice Retreat in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Old Rice Retreat, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in Old Rice Retreat, SC

Nearby Markets to Old Rice Retreat, SC