Is Pelzer, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Pelzer was a Buyer's Market.
Housing Prices in Pelzer, SC
How much do homes in Pelzer, SC cost?
Median Sold Price
$277,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pelzer was $277,000 in March 2024, up 16.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $173.5K | $186.5K | +7.5% |
3 Bedrooms | $250K | $261.9K | +4.8% |
4 Bedrooms | $282K | $359.9K | +27.6% |
5+ Bedrooms | $639.9K | $614.9K | -3.9% |
Summary: Pelzer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
Pelzer | $237K | $277K | +16.9% |
Williamston | $231.2K | $262K | +13.3% |
Piedmont | $290.5K | $316.6K | +9.0% |
Housing Supply in Pelzer, SC
How many homes are available in Pelzer, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Summary: The Pelzer real estate market had 48 homes for sale in March 2024, a 2.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Pelzer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Pelzer in March 2024, down by 7.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
152 Days | 31 Days | -79.2% |
Summary: Homes in Pelzer had an average of 31 days on market in Mar 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Pelzer; 17% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.