Is Pendleton, 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, Pendleton has remained a Seller's Market.
Housing Prices in Pendleton, SC
How much do homes in Pendleton, SC cost?
Median Sold Price
$271,371
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pendleton was $271,371 in April 2024, up 6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $107.5K | N/A |
2 Bedrooms | $165K | $198.9K | +20.6% |
3 Bedrooms | $245K | $262.5K | +7.1% |
4 Bedrooms | $319K | $313.9K | -1.6% |
5+ Bedrooms | $379.5K | $317K | -16.5% |
Summary: Pendleton 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 increased by 20.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
Clemson | $345K | $372.5K | +8.0% |
Pendleton | $256K | $271.3K | +6.0% |
Housing Supply in Pendleton, SC
How many homes are available in Pendleton, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 | 88 | -9.3% |
Summary: The Pendleton real estate market had 88 homes for sale in April 2024, a 9.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 66 | 61 | -7.6% |
4 Bedrooms | 21 | 16 | -23.8% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Pendleton 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 20%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 20 | -35.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Pendleton in April 2024, down by 35.5% month-over-month. Of the 20 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Pendleton, SC
How long does it take to sell a home in Pendleton, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
104 Days | 58 Days | -44.0% |
Summary: Homes in Pendleton had an average of 58 days on market in Apr 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Pendleton; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.