Is River Hills, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing River Hills is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, River Hills was a Neutral Market.

Key Takeaway

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

Housing Prices in River Hills, SC

How much do homes in River Hills, SC cost?

Median Sold Price

$444,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$54,050(+13.9%)

Key Takeaway

Homes in River Hills have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in River Hills was $444,000 in April 2024, up 13.9% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $262.4K-
N/A
3 $394.9K$418K
+5.8%
4 $435K$464.9K
+6.9%
5+ -$725K
N/A

Summary: River Hills 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 5.8%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes did not change.

Housing Supply in River Hills, SC

How many homes are available in River Hills, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1013+30.0%

Summary: The River Hills real estate market had 13 homes for sale in April 2024, a 30.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 912
+33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The River Hills 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in River Hills, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in River Hills in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for River Hills, SC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
51 Days88 Days+73.5%

Summary: Homes in River Hills had an average of 88 days on market in Apr 2024, up by 73.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in River Hills has remained consistent over time.

Summary: During April 2024, 4 homes were sold in River Hills; 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 1 Day Ago

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