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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Marion County was a Seller's Market.

Key Takeaway

Marion 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 Marion County, SC

How much do homes in Marion County, SC cost?

Median Sold Price

$130,900

$81/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$21,000(-13.8%)

Key Takeaway

Homes in Marion County have sold for 13.8% less than they did a year ago.

Summary: The median home sold price in Marion County was $130,900 in April 2024, down 13.8% from last year, and the median price per square foot was $81.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$120K
N/A
2 $104K$38.7K
-62.8%
3 $151.9K$125K
-17.7%
4 $190K$164.9K
-13.2%
5+ $1.0M$292.9K
-70.7%

Summary: Marion County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62.8%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes decreased by 70.7%.

Median Sold Price Compared To Nearby Counties

Williamsburg County
+9.7%
Horry County
+2.1%
Marion County
-13.8%

Housing Supply in Marion County, SC

How many homes are available in Marion County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4145+9.8%

Summary: The Marion County real estate market had 45 homes for sale in April 2024, a 9.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 2628
+7.7%
4 56
+20.0%
5+ 33
0.0%

Summary: The Marion County 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 14.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Marion County in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Marion County, SC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
90 Days127 Days+41.2%

Summary: Homes in Marion County had an average of 127 days on market in Apr 2024, up by 41.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marion County has remained consistent over time.

Summary: During April 2024, 7 homes were sold in Marion County; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 29% 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 Marion County, SC

Nearby Markets to Marion County, SC

What housing markets are near Marion County, SC?