Is Travelers Rest, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Travelers Rest is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Travelers Rest was a Neutral Market.

Key Takeaway

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

Housing Prices in Travelers Rest, SC

How much do homes in Travelers Rest, SC cost?

Median Sold Price

$370,000

$264/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$204,500(-35.6%)

Key Takeaway

Homes in Travelers Rest have sold for 35.6% less than they did a month ago.

Summary: The median home sold price in Travelers Rest was $370,000 in April 2024, down 35.6% from last month, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $155K$230K
+48.4%
2 $266K$200K
-24.8%
3 $515K$325K
-36.9%
4 $695K$665K
-4.3%
5+ $547.5K$365K
-33.3%

Summary: Travelers Rest housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 48.4%, 2 bedroom homes decreased by 24.8%, 3 bedroom homes decreased by 36.9%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 33.3%.

Housing Supply in Travelers Rest, SC

How many homes are available in Travelers Rest, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
108115+6.5%

Summary: The Travelers Rest real estate market had 115 homes for sale in April 2024, a 6.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 77
0.0%
3 4756
+19.1%
4 4240
-4.8%
5+ 910
+11.1%

Summary: The Travelers Rest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1733+94.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Travelers Rest, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Travelers Rest in April 2024, up by 94.1% month-over-month. Of the 30 sold homes, 53% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for Travelers Rest, SC

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Travelers Rest are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 33 homes were sold in Travelers Rest; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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