Is Lyman, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lyman has remained a Seller's Market.
Key Takeaway
Lyman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lyman, SC
How much do homes in Lyman, SC cost?
Median Sold Price
$305,333
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lyman have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Lyman was $305,333 in April 2024, up 6.8% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $284K | $184K | -35.2% |
| 2 Bedrooms | $191.5K | $191K | -0.3% |
| 3 Bedrooms | $276.5K | $280K | +1.3% |
| 4 Bedrooms | $299.9K | $339.9K | +13.3% |
| 5+ Bedrooms | $318.5K | $375K | +17.7% |
Summary: Lyman housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 17.7%.
Housing Supply in Lyman, SC
How many homes are available in Lyman, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 104 | 105 | +1.0% |
Summary: The Lyman real estate market had 105 homes for sale in April 2024, a 1.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 58 | 54 | -6.9% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Lyman 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 increased by 33.3%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 33 | +50.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyman, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Lyman in April 2024, up by 50.0% month-over-month. Of the 31 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% were sold over asking.
Days on Market for Lyman, SC
How long does it take to sell a home in Lyman, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 28 Days | -17.2% |
Summary: Homes in Lyman had an average of 28 days on market in Apr 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyman are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Lyman; 30% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
