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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pelzer is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Pelzer, SC

How much do homes in Pelzer, SC cost?

Median Sold Price

$330,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$57,000(+20.9%)

Key Takeaway

Homes in Pelzer have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Pelzer was $330,000 in September 2024, up 20.9% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $184.5K$155K
-16.0%
3 $255.4K$300.7K
+17.7%
4 $358K$402.5K
+12.4%
5+ $472.4K$640K
+35.4%

Summary: Pelzer housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 35.4%.

Median Sold Price Compared To Nearby Cities

Pelzer
+20.9%
Pelzer
+17.2%
Williamston-Pelzer
+6.5%
Piedmont
+1.9%

Housing Supply in Pelzer, SC

How many homes are available in Pelzer, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6962-10.1%

Summary: The Pelzer real estate market had 62 homes for sale in September 2024, a 10.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 4240
-4.8%
4 1513
-13.3%
5+ 86
-25.0%

Summary: The Pelzer housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1219+58.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pelzer, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Pelzer in September 2024, up by 58.3% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Pelzer, SC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
47 Days44 Days-7.7%

Summary: Homes in Pelzer had an average of 44 days on market in Sep 2024, down by 7.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pelzer are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 19 homes were sold in Pelzer; 16% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% 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 6 Days Ago

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