Is Woodruff, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Woodruff has remained a Seller's Market.
Key Takeaway
Woodruff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Woodruff, SC
How much do homes in Woodruff, SC cost?
Median Sold Price
$300,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Woodruff have sold for 24.8% more than they did a year ago.
Summary: The median home sold price in Woodruff was $300,000 in March 2024, up 24.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $56.2K | +12.5% |
| 2 Bedrooms | $134.9K | $186.4K | +38.2% |
| 3 Bedrooms | $237K | $270K | +13.9% |
| 4 Bedrooms | $304.9K | $365.9K | +20.0% |
| 5+ Bedrooms | $319.4K | $442.4K | +38.5% |
Summary: Woodruff housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 38.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 38.5%.
Housing Supply in Woodruff, SC
How many homes are available in Woodruff, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 | 104 | +5.1% |
Summary: The Woodruff real estate market had 104 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 46 | 42 | -8.7% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Woodruff housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 26 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodruff, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 26 homes were sold or pending in Woodruff in March 2024, up by 62.5% month-over-month. Of the 20 sold homes, 35% were sold under asking, 40% were sold at asking, and 25% were sold over asking.
Days on Market for Woodruff, SC
How long does it take to sell a home in Woodruff, SC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 65 Days | +68.4% |
Summary: Homes in Woodruff had an average of 65 days on market in Mar 2024, up by 68.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Woodruff are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 26 homes were sold in Woodruff; 27% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
