Is Abbeville County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Abbeville County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Abbeville County was a Neutral Market.

Key Takeaway

Abbeville County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Abbeville County, SC

How much do homes in Abbeville County, SC cost?

Median Sold Price

$166,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$233,500(-58.4%)

Key Takeaway

Homes in Abbeville County have sold for 58.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $51.5K$155K
+201.0%
3 $321.5K$166K
-48.4%
4 $489K$150K
-69.3%
5+ -$452.4K
N/A

Summary: Abbeville County 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 increased by 201%, 3 bedroom homes decreased by 48.4%, 4 bedroom homes decreased by 69.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Greenwood County
-16.8%
Abbeville County
-58.4%

Housing Supply in Abbeville County, SC

How many homes are available in Abbeville County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3840+5.3%

Summary: The Abbeville County real estate market had 40 homes for sale in April 2024, a 5.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 910
+11.1%
3 1619
+18.8%
4 75
-28.6%
5+ 33
0.0%

Summary: The Abbeville County 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 increased by 11.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Abbeville County, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Abbeville County in April 2024, up by 50.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Abbeville County, SC

How long does it take to sell a home in Abbeville County, SC?

Average Sale Time

Mar 2024Apr 2024CHANGE
31 Days171 Days+443.5%

Summary: Homes in Abbeville County had an average of 171 days on market in Apr 2024, up by 443.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 9 homes were sold in Abbeville County; 22% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 3 Days Ago

Newest Listings in Abbeville County, SC

Nearby Markets to Abbeville County, SC

What housing markets are near Abbeville County, SC?