Is Sunset, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sunset was a Buyer's Market.
Housing Prices in Sunset, SC
How much do homes in Sunset, SC cost?
Median Sold Price
$1,695,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunset was $1,695,000 in April 2024, up 6% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | - | N/A |
2 Bedrooms | $1.2M | $340K | -71.7% |
3 Bedrooms | $529K | $850K | +60.7% |
4 Bedrooms | $1.7M | $1.6M | -0.3% |
5+ Bedrooms | $1.9M | $3.0M | +56.4% |
Summary: Sunset 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 71.7%, 3 bedroom homes increased by 60.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 56.4%.
Median Sold Price Compared To Nearby Cities
Lake Toxaway | $485K | $545.3K | +12.5% |
Sunset | $1.5M | $1.6M | +6.0% |
Hogback Township | $550K | $565K | +2.7% |
Eastatoe Township | $473.7K | $425K | -10.3% |
North Pickens | $675K | $550K | -18.5% |
Housing Supply in Sunset, SC
How many homes are available in Sunset, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 44 | +29.4% |
Summary: The Sunset real estate market had 44 homes for sale in April 2024, a 29.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 8 | 13 | +62.5% |
5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The Sunset 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Sunset in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset, SC
How long does it take to sell a home in Sunset, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 84 Days | +149.4% |
Summary: Homes in Sunset had an average of 84 days on market in Apr 2024, up by 149.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Sunset; 22% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.