Is Goose Creek-Hanahan, 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, Goose Creek-Hanahan has remained a Seller's Market.
Housing Prices in Goose Creek-Hanahan, SC
How much do homes in Goose Creek-Hanahan, SC cost?
Median Sold Price
$374,469
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Goose Creek-Hanahan was $374,469 in May 2024, up 0.3% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $166K | +32.8% |
2 Bedrooms | $268.8K | $311.2K | +15.8% |
3 Bedrooms | $332.7K | $329.9K | -0.8% |
4 Bedrooms | $394.5K | $400K | +1.4% |
5+ Bedrooms | $436.1K | $460K | +5.5% |
Summary: Goose Creek-Hanahan housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.8%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Ladson | $300K | $309K | +3.0% |
Goose Creek | $324.9K | $329.3K | +1.3% |
Goose Creek-Hanahan | $373.4K | $374.4K | 0.3% |
Summerville | $384.4K | $385K | 0.1% |
Moncks Corner | $360K | $359.9K | 0% |
Housing Supply in Goose Creek-Hanahan, SC
How many homes are available in Goose Creek-Hanahan, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,128 | 1,253 | +11.1% |
Summary: The Goose Creek-Hanahan real estate market had 1,253 homes for sale in May 2024, a 11.1% 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 | 123 | 125 | +1.6% |
3 Bedrooms | 457 | 519 | +13.6% |
4 Bedrooms | 375 | 426 | +13.6% |
5+ Bedrooms | 173 | 183 | +5.8% |
Summary: The Goose Creek-Hanahan 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 1.6%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 5.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
228 | 255 | +11.8% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
98 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Summary: A total of 255 homes were sold or pending in Goose Creek-Hanahan in May 2024, up by 11.8% month-over-month. Of the 255 sold homes, 42% were sold under asking, 38% were sold at asking, and 20% were sold over asking.
Days on Market for Goose Creek-Hanahan, SC
How long does it take to sell a home in Goose Creek-Hanahan, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 41 Days | +475.4% |
Summary: Homes in Goose Creek-Hanahan had an average of 41 days on market in May 2024, up by 475.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 255 homes were sold in Goose Creek-Hanahan; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.