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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walhalla is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Walhalla has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Walhalla, SC

How much do homes in Walhalla, SC cost?

Median Sold Price

$255,950

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,950(+2.4%)

Key Takeaway

Homes in Walhalla have sold for 2.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$128K
N/A
2 $126.5K$183.7K
+45.2%
3 $246.9K$249K
+0.8%
4 $284.4K$377.2K
+32.6%
5+ $432.5K$359.6K
-16.8%

Summary: Walhalla 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 45.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes decreased by 16.8%.

Housing Supply in Walhalla, SC

How many homes are available in Walhalla, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4647+2.2%

Summary: The Walhalla real estate market had 47 homes for sale in April 2024, a 2.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 2423
-4.2%
4 1113
+18.2%
5+ 34
+33.3%

Summary: The Walhalla 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 12.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walhalla, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Walhalla in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.

Days on Market for Walhalla, SC

How long does it take to sell a home in Walhalla, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
77 Days101 Days+30.8%

Summary: Homes in Walhalla had an average of 101 days on market in Apr 2024, up by 30.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Walhalla are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 11 homes were sold in Walhalla; 18% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% 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 17 Days Ago

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