Is Travelers Rest, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Travelers Rest is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Travelers Rest was a Seller's Market.

Key Takeaway

Travelers Rest 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 Travelers Rest, SC

How much do homes in Travelers Rest, SC cost?

Median Sold Price

$574,500

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$97,917(+20.5%)

Key Takeaway

Homes in Travelers Rest have sold for 20.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$155K
N/A
2 $530K$266K
-49.8%
3 $313.4K$515K
+64.3%
4 $600K$695K
+15.8%
5+ $599.9K$547.5K
-8.7%

Summary: Travelers Rest 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 decreased by 49.8%, 3 bedroom homes increased by 64.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 8.7%.

Housing Supply in Travelers Rest, SC

How many homes are available in Travelers Rest, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
97108+11.3%

Summary: The Travelers Rest real estate market had 108 homes for sale in March 2024, a 11.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 67
+16.7%
3 4346
+7.0%
4 3642
+16.7%
5+ 1010
0.0%

Summary: The Travelers Rest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
18180.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Travelers Rest, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Travelers Rest in March 2024, the same as the previous month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.

Days on Market for Travelers Rest, SC

How long does it take to sell a home in Travelers Rest, SC?

Average Sale Time

Feb 2024Mar 2024CHANGE
64 Days1 Day-98.4%

Summary: Homes in Travelers Rest had an average of 1 days on market in Mar 2024, down by 98.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Travelers Rest are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 18 homes were sold in Travelers Rest; 6% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

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