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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orangeburg is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Orangeburg has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Orangeburg, SC

How much do homes in Orangeburg, SC cost?

Median Sold Price

$168,250

$65/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$73,900(-30.5%)

Key Takeaway

Homes in Orangeburg have sold for 30.5% less than they did a month ago.

Summary: The median home sold price in Orangeburg was $168,250 in February 2024, down 30.5% from last month, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $184.4K$149K
-19.2%
4 $299.9K-
N/A
5+ $235K$320K
+36.2%

Summary: Orangeburg housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 36.2%.

Housing Supply in Orangeburg, SC

How many homes are available in Orangeburg, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
5870+20.7%

Summary: The Orangeburg real estate market had 70 homes for sale in February 2024, a 20.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3344
+33.3%
4 1819
+5.6%
5+ 55
0.0%

Summary: The Orangeburg 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orangeburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Orangeburg in February 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Orangeburg, SC

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

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 Orangeburg has remained consistent over time.

Summary: During February 2024, 4 homes were sold in Orangeburg; 0% of homes were sold within 30 days, 25% 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 27 Days Ago

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