Is Travelers Rest, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Travelers Rest has remained a Seller's Market.
Key Takeaway
Travelers Rest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Travelers Rest, SC
How much do homes in Travelers Rest, SC cost?
Median Sold Price
$539,650
$236/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Travelers Rest have sold for 47.8% more than they did a month ago.
Summary: The median home sold price in Travelers Rest was $539,650 in May 2024, up 47.8% from last month, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | - | N/A |
| 2 Bedrooms | $200K | $160K | -20.0% |
| 3 Bedrooms | $340K | $495K | +45.6% |
| 4 Bedrooms | $665K | $577.5K | -13.2% |
| 5+ Bedrooms | $365K | $815.9K | +123.5% |
Summary: Travelers Rest 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 decreased by 20%, 3 bedroom homes increased by 45.6%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes increased by 123.5%.
Housing Supply in Travelers Rest, SC
How many homes are available in Travelers Rest, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 114 | 113 | -0.9% |
Summary: The Travelers Rest real estate market had 113 homes for sale in May 2024, a 0.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 2 | -71.4% |
| 3 Bedrooms | 60 | 62 | +3.3% |
| 4 Bedrooms | 36 | 40 | +11.1% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Travelers Rest housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 71.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 23 | -25.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Travelers Rest, expect to pay close to the asking price. 47.4% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Travelers Rest in May 2024, down by 25.8% month-over-month. Of the 19 sold homes, 37% were sold under asking, 47% were sold at asking, and 16% were sold over asking.
Days on Market for Travelers Rest, SC
How long does it take to sell a home in Travelers Rest, SC?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Travelers Rest are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Travelers Rest; 17% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.