$3,561 Closing Credit*
$299,900
1,510 SqFt
3 Beds
•2 Full Baths
Listing Office: INNOVATE Real Estate
Is Arrowhead, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Arrowhead was a Seller's Market.
Key Takeaway
Arrowhead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arrowhead, SC
How much do homes in Arrowhead, SC cost?
Median Sold Price
$285,750
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$16,250(-5.4%)
Key Takeaway
Homes in Arrowhead have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Arrowhead was $285,750 in October 2024, down 5.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $168.5K | -0.9% |
| 2 Bedrooms | $212.5K | $227.5K | +7.1% |
| 3 Bedrooms | $314.5K | $311.2K | -1.0% |
| 4 Bedrooms | $430K | $390K | -9.3% |
| 5+ Bedrooms | - | $403.7K | N/A |
Summary: Arrowhead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes did not change.
Housing Supply in Arrowhead, SC
How many homes are available in Arrowhead, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 41 | -10.9% |
Summary: The Arrowhead real estate market had 41 homes for sale in October 2024, a 10.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Arrowhead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 3 | -72.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arrowhead, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Arrowhead in October 2024, down by 72.7% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Arrowhead, SC
How long does it take to sell a home in Arrowhead, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 120 Days | 76 Days | -36.9% |
Summary: Homes in Arrowhead had an average of 76 days on market in Oct 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Arrowhead has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Arrowhead; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
