Is Iva, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Iva is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Iva was a Neutral Market.

Key Takeaway

Iva is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Iva, SC

How much do homes in Iva, SC cost?

Median Sold Price

$195,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$15,000(-7.1%)

Key Takeaway

Homes in Iva have sold for 7.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $210K-
N/A
3 $199.5K$195K
-2.3%
4 $217K-
N/A
5+ --
N/A

Summary: Iva 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 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Iva, SC

How many homes are available in Iva, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3331-6.1%

Summary: The Iva real estate market had 31 homes for sale in April 2024, a 6.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 77
0.0%
3 2121
0.0%
4 42
-50.0%
5+ 00
0.0%

Summary: The Iva 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Iva, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Iva in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Iva, SC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
95 Days53 Days-43.4%

Summary: Homes in Iva had an average of 53 days on market in Apr 2024, down by 43.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Iva has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Iva; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 15 Days Ago

Newest Listings in Iva, SC

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