Is Anderson County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Anderson County, SC

How much do homes in Anderson County, SC cost?

Median Sold Price

$264,982

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,335(+4.1%)

Key Takeaway

Homes in Anderson County have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Anderson County was $264,982 in May 2024, up 4.1% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $72.5K$136.7K
+88.6%
2 $150K$155.2K
+3.5%
3 $241.4K$255.8K
+6.0%
4 $359.9K$360K
0.0%
5+ $495K$508.5K
+2.7%

Summary: Anderson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.6%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Counties

Greenville County
+6.1%
Anderson County
+4.1%
Pickens County
+2.5%
Hart County
-2.7%

Housing Supply in Anderson County, SC

How many homes are available in Anderson County, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9741,088+11.7%

Summary: The Anderson County real estate market had 1,088 homes for sale in May 2024, a 11.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 109
-10.0%
2 111128
+15.3%
3 539591
+9.6%
4 227251
+10.6%
5+ 87109
+25.3%

Summary: The Anderson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 25.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
240225-6.3%

Asking Price vs. Sold Price

114 Homes Were Sold
Under Asking

55 Homes Were Sold
At Asking

50 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.

Summary: A total of 225 homes were sold or pending in Anderson County in May 2024, down by 6.3% month-over-month. Of the 219 sold homes, 52% were sold under asking, 25% were sold at asking, and 23% were sold over asking.

Days on Market for Anderson County, SC

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

Average Sale Time

May 2023May 2024CHANGE
61 Days50 Days-17.7%

Summary: Homes in Anderson County had an average of 50 days on market in May 2024, down by 17.7% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

67 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Anderson County has remained consistent over time.

Summary: During May 2024, 225 homes were sold in Anderson County; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 8% 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

Newest Listings in Anderson County, SC

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