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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piedmont is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Piedmont, SC

How much do homes in Piedmont, SC cost?

Median Sold Price

$319,691

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$6,826(+2.2%)

Key Takeaway

Homes in Piedmont have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Piedmont was $319,691 in August 2024, up 2.2% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $650K$700K
+7.7%
2 $183K$220K
+20.2%
3 $293.4K$299.9K
+2.2%
4 $315.9K$334.9K
+6.0%
5+ $347.2K$357.2K
+2.9%

Summary: Piedmont housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

Pelzer
+21.5%
Williamston-Pelzer
+6.0%
Piedmont
+2.2%
Powdersville-Piedmont
+1.0%

Housing Supply in Piedmont, SC

How many homes are available in Piedmont, SC?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
271288+6.3%

Summary: The Piedmont real estate market had 288 homes for sale in August 2024, a 6.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 134146
+9.0%
4 115109
-5.2%
5+ 1929
+52.6%

Summary: The Piedmont housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 52.6%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
6156-8.2%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piedmont, you may be able to get a good deal. 57.4% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in Piedmont in August 2024, down by 8.2% month-over-month. Of the 54 sold homes, 57% were sold under asking, 17% were sold at asking, and 26% were sold over asking.

Days on Market for Piedmont, SC

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

Average Sale Time

Aug 2023Aug 2024CHANGE
53 Days47 Days-12.0%

Summary: Homes in Piedmont had an average of 47 days on market in Aug 2024, down by 12% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 56 homes were sold in Piedmont; 9% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% 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 20 Days Ago

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Newest Listings in Piedmont, SC

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MLS Disclaimers and Copyright

Based on information from Greater Greenville MLS, Western Upstate MLS, and Multiple Listing Service of Spartanburg for the period 09/01/2022 - 09/01/2024

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2024 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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