Is Wakendaw Lakes, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wakendaw Lakes is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Wakendaw Lakes was a Seller's Market.

Key Takeaway

Wakendaw Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wakendaw Lakes, SC

How much do homes in Wakendaw Lakes, SC cost?

Median Sold Price

$700,000

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$223,400(-24.2%)

Key Takeaway

Homes in Wakendaw Lakes have sold for 24.2% less than they did a year ago.

Summary: The median home sold price in Wakendaw Lakes was $700,000 in April 2024, down 24.2% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $741K$584.7K
-21.1%
4 $923.4K$926.2K
0.3%
5+ $1.6M$955K
-43.4%

Summary: Wakendaw Lakes 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 decreased by 21.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 43.4%.

Housing Supply in Wakendaw Lakes, SC

How many homes are available in Wakendaw Lakes, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
58+60.0%

Summary: The Wakendaw Lakes real estate market had 8 homes for sale in April 2024, a 60.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 22
0.0%
5+ 02
+100.0%

Summary: The Wakendaw Lakes 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 increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wakendaw Lakes, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wakendaw Lakes in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wakendaw Lakes, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in Wakendaw Lakes, SC

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