Is Pendleton, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Pendleton has remained a Seller's Market.
Housing Prices in Pendleton, SC
How much do homes in Pendleton, SC cost?
Median Sold Price
$270,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pendleton was $270,000 in March 2024, up 5.6% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139K | N/A |
2 Bedrooms | $165K | $185K | +12.1% |
3 Bedrooms | $249.4K | $256K | +2.6% |
4 Bedrooms | $329.9K | $308.3K | -6.5% |
5+ Bedrooms | $379.5K | $317K | -16.5% |
Summary: Pendleton 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 12.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
Clemson | $315K | $365K | +15.9% |
Pendleton | $255.6K | $270K | +5.6% |
Housing Supply in Pendleton, SC
How many homes are available in Pendleton, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 90 | +23.3% |
Summary: The Pendleton real estate market had 90 homes for sale in March 2024, a 23.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 51 | 65 | +27.5% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Pendleton 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 increased by 75%, 3 bedroom homes increased by 27.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 29 | +262.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Pendleton in March 2024, up by 262.5% month-over-month. Of the 29 sold homes, 72% were sold under asking, 10% were sold at asking, and 17% were sold over asking.
Days on Market for Pendleton, SC
How long does it take to sell a home in Pendleton, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
84 Days | 63 Days | -24.8% |
Summary: Homes in Pendleton had an average of 63 days on market in Mar 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in Pendleton; 17% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.