Is Abbeville County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Abbeville County was a Seller's Market.
Housing Prices in Abbeville County, SC
How much do homes in Abbeville County, SC cost?
Median Sold Price
$219,000
-
Based on all homes sold in May 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $41K | N/A |
2 Bedrooms | $155K | $166K | +7.1% |
3 Bedrooms | $165.5K | $222K | +34.1% |
4 Bedrooms | $219.5K | $340K | +54.9% |
5+ Bedrooms | $452.4K | - | N/A |
Summary: Abbeville County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 54.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Abbeville County | $166K | $219K | +31.9% |
Greenwood County | $299.9K | $256K | -14.6% |
Housing Supply in Abbeville County, SC
How many homes are available in Abbeville County, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 36 | -2.7% |
Summary: The Abbeville County real estate market had 36 homes for sale in May 2024, a 2.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 17 | 16 | -5.9% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Abbeville County 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Abbeville County in May 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Abbeville County, SC
How long does it take to sell a home in Abbeville County, SC?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
171 Days | 46 Days | -72.8% |
Summary: Homes in Abbeville County had an average of 46 days on market in May 2024, down by 72.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Abbeville County; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.