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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickens is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Pickens, SC

How much do homes in Pickens, SC cost?

Median Sold Price

$277,950

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$2,050(-0.7%)

Key Takeaway

Homes in Pickens have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Pickens was $277,950 in May 2024, down 0.7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $110K$137.5K
+25.0%
2 $165K$189.9K
+15.1%
3 $263K$285K
+8.4%
4 $394K$325K
-17.5%
5+ $289.8K$354.5K
+22.3%

Summary: Pickens housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 22.3%.

Housing Supply in Pickens, SC

How many homes are available in Pickens, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7184+18.3%

Summary: The Pickens real estate market had 84 homes for sale in May 2024, a 18.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 4347
+9.3%
4 914
+55.6%
5+ 1013
+30.0%

Summary: The Pickens housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1421+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickens, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Pickens in May 2024, up by 50.0% month-over-month. Of the 20 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.

Days on Market for Pickens, SC

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

Average Sale Time

May 2023May 2024CHANGE
57 Days30 Days-48.0%

Summary: Homes in Pickens had an average of 30 days on market in May 2024, down by 48% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 21 homes were sold in Pickens; 24% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% 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 1 Day Ago

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