Is Anderson, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Anderson has remained a Seller's Market.
Housing Prices in Anderson, SC
How much do homes in Anderson, SC cost?
Median Sold Price
$264,483
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Anderson was $264,483 in April 2024, up 13.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $41.2K | $139K | +237.0% |
2 Bedrooms | $147K | $144.6K | -1.6% |
3 Bedrooms | $230K | $258.2K | +12.3% |
4 Bedrooms | $356K | $365.1K | +2.6% |
5+ Bedrooms | $472.5K | $440.5K | -6.8% |
Summary: Anderson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 237%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 6.8%.
Housing Supply in Anderson, SC
How many homes are available in Anderson, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
567 | 645 | +13.8% |
Summary: The Anderson real estate market had 645 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 73 | 91 | +24.7% |
3 Bedrooms | 317 | 347 | +9.5% |
4 Bedrooms | 124 | 146 | +17.7% |
5+ Bedrooms | 46 | 54 | +17.4% |
Summary: The Anderson 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 24.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 17.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 141 | +2.2% |
Asking Price vs. Sold Price
77 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 141 homes were sold or pending in Anderson in April 2024, up by 2.2% month-over-month. Of the 138 sold homes, 56% were sold under asking, 26% were sold at asking, and 18% were sold over asking.
Days on Market for Anderson, SC
How long does it take to sell a home in Anderson, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 47 Days | -13.8% |
Summary: Homes in Anderson had an average of 47 days on market in Apr 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 141 homes were sold in Anderson; 25% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.