Is Honea Path, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Honea Path is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Honea Path was a Buyer's Market.

Key Takeaway

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

Housing Prices in Honea Path, SC

How much do homes in Honea Path, SC cost?

Median Sold Price

$204,500

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$23,000(-10.1%)

Key Takeaway

Homes in Honea Path have sold for 10.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $227.5K$204.5K
-10.1%
4 --
N/A
5+ --
N/A

Summary: Honea Path 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 did not change, 3 bedroom homes decreased by 10.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Honea Path, SC

How many homes are available in Honea Path, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1820+11.1%

Summary: The Honea Path real estate market had 20 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1415
+7.1%
4 00
0.0%
5+ 12
+100.0%

Summary: The Honea Path 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Honea Path, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Honea Path in April 2024, up by 250.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Honea Path, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Honea Path, SC

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