Is Cowpens, 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, Cowpens was a Buyer's Market.
Housing Prices in Cowpens, SC
How much do homes in Cowpens, SC cost?
Median Sold Price
$239,990
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cowpens was $239,990 in April 2024, down 2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77.5K | $129K | +66.5% |
2 Bedrooms | $116.5K | $142.7K | +22.5% |
3 Bedrooms | $274.9K | $239.9K | -12.7% |
4 Bedrooms | $387.9K | $385K | -0.8% |
5+ Bedrooms | $255K | $220K | -13.7% |
Summary: Cowpens housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.5%, 2 bedroom homes increased by 22.5%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 13.7%.
Median Sold Price Compared To Nearby Cities
Macedonia | $279.9K | $309.9K | +10.7% |
Cowpens | $220K | $239.9K | +9.1% |
Boiling Springs | $279K | $290K | +3.9% |
Cowpens | $244.9K | $239.9K | -2.0% |
Housing Supply in Cowpens, SC
How many homes are available in Cowpens, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 34 | -12.8% |
Summary: The Cowpens real estate market had 34 homes for sale in April 2024, a 12.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 22 | 19 | -13.6% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cowpens 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 decreased by 14.3%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Cowpens in April 2024, up by 50.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Cowpens, SC
How long does it take to sell a home in Cowpens, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 41 Days | -52.1% |
Summary: Homes in Cowpens had an average of 41 days on market in Apr 2024, down by 52.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Cowpens; 42% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.