Is Marion 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, Marion County has remained a Seller's Market.
Housing Prices in Marion County, SC
How much do homes in Marion County, SC cost?
Median Sold Price
$125,000
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Marion County was $125,000 in May 2024, down 23.1% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | - | N/A |
2 Bedrooms | $104K | $42.5K | -59.1% |
3 Bedrooms | $163.7K | $125K | -23.7% |
4 Bedrooms | $237.5K | $159.9K | -32.7% |
5+ Bedrooms | $139K | $293.9K | +111.5% |
Summary: Marion County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.1%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes decreased by 32.7%, and 5+ bedroom homes increased by 111.5%.
Median Sold Price Compared To Nearby Counties
Williamsburg County | $179.5K | $192K | +7.0% |
Horry County | $320.2K | $325.9K | +1.8% |
Marion County | $162.5K | $125K | -23.1% |
Housing Supply in Marion County, SC
How many homes are available in Marion County, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 39 | -9.3% |
Summary: The Marion County real estate market had 39 homes for sale in May 2024, a 9.3% decrease 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 | 6 | 7 | +16.7% |
3 Bedrooms | 28 | 23 | -17.9% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Marion 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 increased by 16.7%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Marion County in May 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Marion County, SC
How long does it take to sell a home in Marion County, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
100 Days | 105 Days | +5.7% |
Summary: Homes in Marion County had an average of 105 days on market in May 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Marion County; 0% of homes were sold within 30 days, 78% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.