Is Laurens County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurens County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Laurens County was a Buyer's Market.

Key Takeaway

Laurens County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

-$4,166(-1.9%)

Key Takeaway

Homes in Laurens County have sold for 1.9% less than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $97.8K$46K
-53.0%
2 $137K$151K
+10.2%
3 $215K$225K
+4.7%
4 $300K$309.7K
+3.2%
5+ $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
+6.9%
Union County
+6.5%
Laurens County
-1.9%

Housing Supply in Laurens County, SC

How many homes are available in Laurens County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
154163+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

# BEDSMar 2024Apr 2024CHANGE
1 57
+40.0%
2 3527
-22.9%
3 8295
+15.9%
4 2020
0.0%
5+ 1214
+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 2024Apr 2024CHANGE
3526-25.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laurens County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
33 Days33 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Laurens County are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 3 Days Ago

Newest Listings in Laurens County, SC

Nearby Markets to Laurens County, SC

What housing markets are near Laurens County, SC?