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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Longs is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Longs has remained a Neutral Market.

Key Takeaway

Longs 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 Longs, SC

How much do homes in Longs, SC cost?

Median Sold Price

$299,900

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,025(+3.5%)

Key Takeaway

Homes in Longs have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Longs was $299,900 in April 2024, up 3.5% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $121K$130K
+7.4%
2 $175K$178K
+1.7%
3 $289.5K$288K
-0.5%
4 $334.5K$367.5K
+9.9%
5+ $344.9K$415K
+20.3%

Summary: Longs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Cities

Shallotte Township
+4.7%
Longs
+3.5%
Little River
+3.2%
Conway East
-0.6%

Housing Supply in Longs, SC

How many homes are available in Longs, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
265278+4.9%

Summary: The Longs real estate market had 278 homes for sale in April 2024, a 4.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 2827
-3.6%
3 173187
+8.1%
4 5455
+1.9%
5+ 76
-14.3%

Summary: The Longs 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 3.6%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3745+21.6%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Longs, you may be able to get a good deal. 71.1% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Longs in April 2024, up by 21.6% month-over-month. Of the 45 sold homes, 71% were sold under asking, 20% were sold at asking, and 9% were sold over asking.

Days on Market for Longs, SC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
131 Days123 Days-6.5%

Summary: Homes in Longs had an average of 123 days on market in Apr 2024, down by 6.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Longs are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 45 homes were sold in Longs; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 14 Days Ago

Newest Listings in Longs, SC

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