Is West Pelzer, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Pelzer is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West Pelzer has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Pelzer, SC

How much do homes in West Pelzer, SC cost?

Median Sold Price

$350,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$165,000(+89.2%)

Key Takeaway

Homes in West Pelzer have sold for 89.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $185K-
N/A
3 -$350K
N/A
4 --
N/A
5+ --
N/A

Summary: West Pelzer housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Pelzer, SC

How many homes are available in West Pelzer, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The West Pelzer real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 11
0.0%
4 14
+300.0%
5+ 00
0.0%

Summary: The West Pelzer 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Pelzer, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in West Pelzer in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Pelzer, SC

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in West Pelzer; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 15 Days Ago

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