Is Reidville, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Reidville has remained a Seller's Market.
Key Takeaway
Reidville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reidville, SC
How much do homes in Reidville, SC cost?
Median Sold Price
$389,900
$121/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Reidville have sold for 5.7% more than they did a month ago.
Summary: The median home sold price in Reidville was $389,900 in March 2024, up 5.7% from last month, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $435K | - | N/A |
| 4 Bedrooms | $335K | $389.9K | +16.4% |
| 5+ Bedrooms | $357.5K | - | N/A |
Summary: Reidville 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 16.4%, and 5+ bedroom homes did not change.
Housing Supply in Reidville, SC
How many homes are available in Reidville, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Summary: The Reidville real estate market had 12 homes for sale in March 2024, a 25.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 1 | -80.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Reidville 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 decreased by 80%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reidville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Reidville in March 2024, down by 33.3% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Reidville, SC
How long does it take to sell a home in Reidville, SC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 12 Days | -62.5% |
Summary: Homes in Reidville had an average of 12 days on market in Mar 2024, down by 62.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Reidville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Reidville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
