Is The Oaks, 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, The Oaks has remained a Seller's Market.
Key Takeaway
The Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Oaks, SC
How much do homes in The Oaks, SC cost?
Median Sold Price
$452,500
$144/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in The Oaks have sold for 6.1% less than they did a month ago.
Summary: The median home sold price in The Oaks was $452,500 in April 2024, down 6.1% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $375K | - | N/A |
| 4 Bedrooms | $589K | $420K | -28.7% |
| 5+ Bedrooms | - | $453.7K | N/A |
Summary: The Oaks housing prices by bedroom type for April 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 decreased by 28.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Sanctuary Cove | $381.5K | $438.3K | +14.9% |
| The Oaks | $482K | $452.5K | -6.1% |
Housing Supply in The Oaks, SC
How many homes are available in The Oaks, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The The Oaks real estate market had 11 homes for sale in April 2024, a 22.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The The Oaks 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 decreased by 33.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Oaks, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in The Oaks in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for The Oaks, SC
We’re sorry, we don't have information for this market at the moment
