Is Anderson County, 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, Anderson County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $136.7K | +88.6% |
2 Bedrooms | $150K | $155.2K | +3.5% |
3 Bedrooms | $241.4K | $255.8K | +6.0% |
4 Bedrooms | $359.9K | $360K | 0.0% |
5+ Bedrooms | $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 | $328.7K | $348.9K | +6.1% |
Anderson County | $254.6K | $264.9K | +4.1% |
Pickens County | $299.5K | $307.1K | +2.5% |
Hart County | $298K | $289.9K | -2.7% |
Housing Supply in Anderson County, SC
How many homes are available in Anderson County, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
974 | 1,088 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 9 | -10.0% |
2 Bedrooms | 111 | 128 | +15.3% |
3 Bedrooms | 539 | 591 | +9.6% |
4 Bedrooms | 227 | 251 | +10.6% |
5+ Bedrooms | 87 | 109 | +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 2024 | May 2024 | CHANGE |
---|---|---|
240 | 225 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 50 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
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.