Is Laurens 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, Laurens County was a Neutral Market.
Housing Prices in Laurens County, SC
How much do homes in Laurens County, SC cost?
Median Sold Price
$233,950
$167/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Laurens County was $233,950 in May 2024, up 1.7% from last month, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | - | N/A |
2 Bedrooms | $95K | $107.5K | +13.2% |
3 Bedrooms | $242.4K | $239.5K | -1.2% |
4 Bedrooms | $312.5K | $442K | +41.4% |
5+ Bedrooms | - | $260K | N/A |
Summary: Laurens 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 13.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 41.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Laurens County | $230K | $233.9K | +1.7% |
Greenwood County | $299.9K | $256K | -14.6% |
Housing Supply in Laurens County, SC
How many homes are available in Laurens County, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
157 | 181 | +15.3% |
Summary: The Laurens County real estate market had 181 homes for sale in May 2024, a 15.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 3 | -57.1% |
2 Bedrooms | 24 | 28 | +16.7% |
3 Bedrooms | 92 | 101 | +9.8% |
4 Bedrooms | 22 | 33 | +50.0% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Laurens County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 57.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Laurens County in May 2024, up by 30.8% month-over-month. Of the 32 sold homes, 72% were sold under asking, 9% were sold at asking, and 19% were sold over asking.
Days on Market for Laurens County, SC
How long does it take to sell a home in Laurens County, SC?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 Days | 49 Days | +50.3% |
Summary: Homes in Laurens County had an average of 49 days on market in May 2024, up by 50.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Laurens County; 3% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.