Is Sunset, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sunset was a Buyer's Market.
Key Takeaway
Sunset is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sunset, SC
How much do homes in Sunset, SC cost?
Median Sold Price
$1,722,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sunset have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Sunset was $1,722,500 in March 2024, up 7.7% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $205K | N/A |
| 2 Bedrooms | $1.2M | $340K | -71.7% |
| 3 Bedrooms | $699K | $912.5K | +30.5% |
| 4 Bedrooms | $1.7M | $1.6M | -4.6% |
| 5+ Bedrooms | $1.9M | $2.9M | +48.7% |
Summary: Sunset housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.7%, 3 bedroom homes increased by 30.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 48.7%.
Median Sold Price Compared To Nearby Cities
| Sunset | $1.5M | $1.7M | +7.7% |
| Hogback Township | $550K | $510.8K | -7.1% |
| Lake Toxaway | $485K | $439K | -9.5% |
| Eastatoe Township | $485K | $426K | -12.2% |
| North Pickens | $787K | $480K | -39.0% |
Housing Supply in Sunset, SC
How many homes are available in Sunset, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Sunset real estate market had 35 homes for sale in March 2024, a 9.4% increase 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 | 0 | 2 | +100.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The Sunset 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 increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunset, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sunset in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset, SC
How long does it take to sell a home in Sunset, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 360 Days | 229 Days | -36.3% |
Summary: Homes in Sunset had an average of 229 days on market in Mar 2024, down by 36.3% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Sunset has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Sunset; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
