Is Seneca, 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, Seneca has remained a Seller's Market.
Housing Prices in Seneca, SC
How much do homes in Seneca, SC cost?
Median Sold Price
$334,333
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seneca was $334,333 in April 2024, up 11.5% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $307K | N/A |
2 Bedrooms | $174.2K | $175.2K | +0.6% |
3 Bedrooms | $287.5K | $274.2K | -4.6% |
4 Bedrooms | $372.5K | $513.2K | +37.8% |
5+ Bedrooms | $765K | $985K | +28.8% |
Summary: Seneca 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 0.6%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes increased by 28.8%.
Median Sold Price Compared To Nearby Cities
Seneca | $299.9K | $334.3K | +11.5% |
Oakway | $385K | $368.5K | -4.3% |
Housing Supply in Seneca, SC
How many homes are available in Seneca, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
254 | 267 | +5.1% |
Summary: The Seneca real estate market had 267 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 17 | 23 | +35.3% |
3 Bedrooms | 125 | 132 | +5.6% |
4 Bedrooms | 69 | 68 | -1.4% |
5+ Bedrooms | 39 | 38 | -2.6% |
Summary: The Seneca housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 35.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 53 | +3.9% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Seneca in April 2024, up by 3.9% month-over-month. Of the 53 sold homes, 64% were sold under asking, 21% were sold at asking, and 15% were sold over asking.
Days on Market for Seneca, SC
How long does it take to sell a home in Seneca, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
92 Days | 60 Days | -34.5% |
Summary: Homes in Seneca had an average of 60 days on market in Apr 2024, down by 34.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 53 homes were sold in Seneca; 26% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.