Is Chester County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chester County was a Seller's Market.
Housing Prices in Chester County, SC
How much do homes in Chester County, SC cost?
Median Sold Price
$221,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chester County was $221,500 in April 2024, up 5.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $76K | $32.4K | -57.3% |
2 Bedrooms | $133.7K | $150K | +12.1% |
3 Bedrooms | $217K | $226.5K | +4.4% |
4 Bedrooms | $280K | $275K | -1.8% |
5+ Bedrooms | $355K | $289K | -18.6% |
Summary: Chester County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.3%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 18.6%.
Median Sold Price Compared To Nearby Counties
Union County | $155K | $165K | +6.5% |
Chester County | $210K | $221.5K | +5.5% |
York County | $379.7K | $387.6K | +2.1% |
Lancaster County | $409.4K | $409.4K | 0% |
Fairfield County | $337K | $255K | -24.3% |
Housing Supply in Chester County, SC
How many homes are available in Chester County, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
105 | 127 | +21.0% |
Summary: The Chester County real estate market had 127 homes for sale in April 2024, a 21.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 22 | 27 | +22.7% |
3 Bedrooms | 66 | 83 | +25.8% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Chester 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 22.7%, 3 bedroom homes increased by 25.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Chester County in April 2024, up by 18.8% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for Chester County, SC
How long does it take to sell a home in Chester County, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 44 Days | -37.5% |
Summary: Homes in Chester County had an average of 44 days on market in Apr 2024, down by 37.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Chester County; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.