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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pendleton is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Pendleton, SC cost?

Median Sold Price

$246,750

-

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$37,750(+18.1%)

Key Takeaway

Homes in Pendleton have sold for 18.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $54K-
N/A
2 $136K$162.5K
+19.5%
3 $213.9K$244.5K
+14.3%
4 $236.8K$332.7K
+40.5%
5+ $242K-
N/A

Median Sold Price Compared To Nearby Cities

Pendleton
+18.1%
Clemson
+13.0%

How many homes are available in Pendleton, SC?

Number of Homes For Sale

Sep 2022Oct 2022%
2729+7.4%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 64
-33.3%
3 1520
+33.3%
4 32
-33.3%
5+ 33
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pendleton, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
25 Days36 Days+41.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were 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 Pendleton has remained consistent over time.

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

About Pendleton, SC

Pendleton, SC has 29 homes for sale to choose from. The number of listings in Pendleton, SC increased by 7.4% between September 2022 and October 2022. In October 2022, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $246,750. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 19.5%, prices of 3 bedrooms properties increased by 14.3%, prices of 4 bedrooms properties increased by 40.5%, prices of 5 bedrooms properties increased by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes inventory increased by 33.3%, the quantity of 4 bedrooms homes went down by 33.3%, 5 bedrooms homes did not move. Pendleton, SC housing market in October 2022 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 3 sold below.

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