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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orangeburg is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Orangeburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Orangeburg, SC

How much do homes in Orangeburg, SC cost?

Median Sold Price

$187,500

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$35,000(-15.7%)

Key Takeaway

Homes in Orangeburg have sold for 15.7% less than they did a year ago.

Summary: The median home sold price in Orangeburg was $187,500 in April 2024, down 15.7% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $154K$73.7K
-52.1%
3 $190K$152K
-20.0%
4 $290.2K$287.4K
-0.9%
5+ $273.7K$320K
+16.9%

Summary: Orangeburg 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 52.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 16.9%.

Housing Supply in Orangeburg, SC

How many homes are available in Orangeburg, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5971+20.3%

Summary: The Orangeburg real estate market had 71 homes for sale in April 2024, a 20.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 3139
+25.8%
4 2021
+5.0%
5+ 34
+33.3%

Summary: The Orangeburg 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 40%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orangeburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Orangeburg in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Orangeburg, 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 17 Days Ago

Newest Listings in Orangeburg, SC

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