Is Moncks Corner, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moncks Corner is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Moncks Corner has remained a Seller's Market.

Key Takeaway

Moncks Corner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moncks Corner, SC

How much do homes in Moncks Corner, SC cost?

Median Sold Price

$360,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,044(-0.3%)

Key Takeaway

The sold price of homes in Moncks Corner has remained the same since last year.

Summary: The median home sold price in Moncks Corner was $360,000 in April 2024, down 0.3% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $117K$160K
+36.8%
2 $180K$239.9K
+33.3%
3 $326.7K$325K
-0.5%
4 $376K$375K
-0.3%
5+ $424.4K$439.4K
+3.5%

Summary: Moncks Corner housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Moncks Corner
-0.3%
Goose Creek-Hanahan
-0.3%

Housing Supply in Moncks Corner, SC

How many homes are available in Moncks Corner, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
265285+7.5%

Summary: The Moncks Corner real estate market had 285 homes for sale in April 2024, a 7.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 113133
+17.7%
4 109110
+0.9%
5+ 3838
0.0%

Summary: The Moncks Corner 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 25%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48480.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moncks Corner, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.

Summary: A total of 48 homes were sold or pending in Moncks Corner in April 2024, the same as the previous month. Of the 48 sold homes, 40% were sold under asking, 46% were sold at asking, and 15% were sold over asking.

Days on Market for Moncks Corner, SC

We’re sorry, we don't have information for this market at the moment

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 Moncks Corner, SC

Nearby Markets to Moncks Corner, SC

What housing markets are near Moncks Corner, SC?