Is Plantation Lakes, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantation Lakes is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Plantation Lakes was a Neutral Market.

Key Takeaway

Plantation Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Plantation Lakes, SC

How much do homes in Plantation Lakes, SC cost?

Median Sold Price

$540,000

$198/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$105,050(+24.2%)

Key Takeaway

Homes in Plantation Lakes have sold for 24.2% more than they did a month ago.

Summary: The median home sold price in Plantation Lakes was $540,000 in March 2024, up 24.2% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$275K
N/A
4 $369.9K$805K
+117.6%
5+ $500K-
N/A

Summary: Plantation Lakes housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 117.6%, and 5+ bedroom homes did not change.

Housing Supply in Plantation Lakes, SC

How many homes are available in Plantation Lakes, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1217+41.7%

Summary: The Plantation Lakes real estate market had 17 homes for sale in March 2024, a 41.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 68
+33.3%
5+ 12
+100.0%

Summary: The Plantation Lakes 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plantation Lakes, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Plantation Lakes in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Plantation Lakes, SC

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

Average Sale Time

Feb 2024Mar 2024CHANGE
232 Days94 Days-59.3%

Summary: Homes in Plantation Lakes had an average of 94 days on market in Mar 2024, down by 59.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Plantation Lakes has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Plantation Lakes; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 26 Days Ago

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