Is Powdersville-Piedmont, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Powdersville-Piedmont is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Powdersville-Piedmont was a Seller's Market.

Key Takeaway

Powdersville-Piedmont is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Powdersville-Piedmont, SC

How much do homes in Powdersville-Piedmont, SC cost?

Median Sold Price

$359,949

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$14,949(+4.3%)

Key Takeaway

Homes in Powdersville-Piedmont have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Powdersville-Piedmont was $359,949 in September 2024, up 4.3% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $675K-
N/A
2 $195K$172.5K
-11.5%
3 $315K$309K
-1.9%
4 $360.7K$398K
+10.3%
5+ $453.5K$503.5K
+11.0%

Summary: Powdersville-Piedmont housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Cities

Pelzer
+17.2%
Williamston-Pelzer
+6.5%
Easley
+6.3%
Powdersville-Piedmont
+4.3%
Piedmont
+1.9%

Housing Supply in Powdersville-Piedmont, SC

How many homes are available in Powdersville-Piedmont, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
222238+7.2%

Summary: The Powdersville-Piedmont real estate market had 238 homes for sale in September 2024, a 7.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 9193
+2.2%
4 9098
+8.9%
5+ 3744
+18.9%

Summary: The Powdersville-Piedmont housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 18.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
5139-23.5%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Powdersville-Piedmont, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Powdersville-Piedmont in September 2024, down by 23.5% month-over-month. Of the 36 sold homes, 75% were sold under asking, 14% were sold at asking, and 11% were sold over asking.

Days on Market for Powdersville-Piedmont, SC

How long does it take to sell a home in Powdersville-Piedmont, SC?

Average Sale Time

Sep 2023Sep 2024CHANGE
42 Days38 Days-11.2%

Summary: Homes in Powdersville-Piedmont had an average of 38 days on market in Sep 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Powdersville-Piedmont has remained consistent over time.

Summary: During September 2024, 39 homes were sold in Powdersville-Piedmont; 8% of homes were sold within 30 days, 13% 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 Sep 1, 2024

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