Is Laurens 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, Laurens County was a Buyer's Market.
Housing Prices in Laurens County, SC
How much do homes in Laurens County, SC cost?
Median Sold Price
$212,833
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Laurens County was $212,833 in April 2024, down 1.9% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97.8K | $46K | -53.0% |
2 Bedrooms | $137K | $151K | +10.2% |
3 Bedrooms | $215K | $225K | +4.7% |
4 Bedrooms | $300K | $309.7K | +3.2% |
5+ Bedrooms | $490K | $275K | -43.9% |
Summary: Laurens County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 43.9%.
Median Sold Price Compared To Nearby Counties
Spartanburg County | $260.3K | $278.1K | +6.9% |
Union County | $155K | $165K | +6.5% |
Laurens County | $217K | $212.8K | -1.9% |
Housing Supply in Laurens County, SC
How many homes are available in Laurens County, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
154 | 163 | +5.8% |
Summary: The Laurens County real estate market had 163 homes for sale in April 2024, a 5.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 35 | 27 | -22.9% |
3 Bedrooms | 82 | 95 | +15.9% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Laurens County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 22.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 26 | -25.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Laurens County in April 2024, down by 25.7% month-over-month. Of the 23 sold homes, 57% were sold under asking, 39% were sold at asking, and 4% were sold over asking.
Days on Market for Laurens County, SC
How long does it take to sell a home in Laurens County, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 33 Days | +0.8% |
Summary: Homes in Laurens County had an average of 33 days on market in Apr 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Laurens County; 8% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.