Is Van Wyck, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Van Wyck has remained a Seller's Market.
Key Takeaway
Van Wyck is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Van Wyck, SC
How much do homes in Van Wyck, SC cost?
Median Sold Price
$500,256
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Van Wyck has remained the same since last year.
Summary: The median home sold price in Van Wyck was $500,256 in May 2024, down 0.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $415K | $415K | 0.0% |
| 3 Bedrooms | $434.9K | $435K | 0.0% |
| 4 Bedrooms | $535.4K | $521.5K | -2.6% |
| 5+ Bedrooms | $660K | $660K | 0.0% |
Summary: Van Wyck housing prices by bedroom type for May 2024 compared to the previous year: 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 decreased by 2.6%, and 5+ bedroom homes did not change.
Housing Supply in Van Wyck, SC
How many homes are available in Van Wyck, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 265 | 298 | +12.5% |
Summary: The Van Wyck real estate market had 298 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 43 | 45 | +4.7% |
| 3 Bedrooms | 109 | 106 | -2.8% |
| 4 Bedrooms | 55 | 82 | +49.1% |
| 5+ Bedrooms | 58 | 65 | +12.1% |
Summary: The Van Wyck 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 4.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 49.1%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 73 | +5.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Van Wyck, you could pay more than the asking price. 38.4% of homes here sold above asking price last month.
Summary: A total of 73 homes were sold or pending in Van Wyck in May 2024, up by 5.8% month-over-month. Of the 73 sold homes, 37% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Van Wyck, SC
How long does it take to sell a home in Van Wyck, SC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -51.2% |
Summary: Homes in Van Wyck had an average of 15 days on market in May 2024, down by 51.2% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Van Wyck are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 73 homes were sold in Van Wyck; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.