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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickens is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pickens has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pickens, SC

How much do homes in Pickens, SC cost?

Median Sold Price

$250,000

-

Based on all homes sold in February 2024.

Difference Since Last Month

-$84,000(-25.1%)

Key Takeaway

Homes in Pickens have sold for 25.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $185K-
N/A
2 $174.9K$168.5K
-3.7%
3 $205K$257.5K
+25.6%
4 $485K$299.9K
-38.1%
5+ $334K-
N/A

Summary: Pickens 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 decreased by 3.7%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes did not change.

Housing Supply in Pickens, SC

How many homes are available in Pickens, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6968-1.4%

Summary: The Pickens real estate market had 68 homes for sale in February 2024, a 1.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 12
+100.0%
2 108
-20.0%
3 3739
+5.4%
4 1211
-8.3%
5+ 98
-11.1%

Summary: The Pickens housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1713-23.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickens, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Pickens in February 2024, down by 23.5% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for Pickens, SC

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

Average Sale Time

Jan 2024Feb 2024CHANGE
101 Days59 Days-41.2%

Summary: Homes in Pickens had an average of 59 days on market in Feb 2024, down by 41.2% compared to last month.

Breakdown of Home Sale Times

2 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 Pickens are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 13 homes were sold in Pickens; 15% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 28 Days Ago

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