Is Prince Creek West, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Prince Creek West has remained a Seller's Market.
Key Takeaway
Prince Creek West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Prince Creek West, SC
How much do homes in Prince Creek West, SC cost?
Median Sold Price
$415,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Prince Creek West have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Prince Creek West was $415,000 in April 2024, up 19.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | - | N/A |
| 3 Bedrooms | $315.9K | $409.2K | +29.6% |
| 4 Bedrooms | $520K | $643.2K | +23.7% |
| 5+ Bedrooms | $501.6K | - | N/A |
Summary: Prince Creek West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Prince Creek West | $347K | $415K | +19.6% |
| Prince Creek | $500K | $547.2K | +9.4% |
Housing Supply in Prince Creek West, SC
How many homes are available in Prince Creek West, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 40 | +2.6% |
Summary: The Prince Creek West real estate market had 40 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Prince Creek West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prince Creek West, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Prince Creek West in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 45% were sold at asking, and 0% were sold over asking.
Days on Market for Prince Creek West, SC
How long does it take to sell a home in Prince Creek West, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 124 Days | 54 Days | -56.3% |
Summary: Homes in Prince Creek West had an average of 54 days on market in Apr 2024, down by 56.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Prince Creek West has remained consistent over time.
Summary: During April 2024, 11 homes were sold in Prince Creek West; 18% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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