Is Cane Bay Plantation, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cane Bay Plantation is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cane Bay Plantation was a Seller's Market.

Key Takeaway

Cane Bay Plantation is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cane Bay Plantation, SC

How much do homes in Cane Bay Plantation, SC cost?

Median Sold Price

$450,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,126(+2.3%)

Key Takeaway

Homes in Cane Bay Plantation have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Cane Bay Plantation was $450,000 in October 2024, up 2.3% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $489.9K$452.9K
-7.5%
3 $378.9K$419.9K
+10.8%
4 $435K$431.2K
-0.9%
5+ $475K$515K
+8.4%

Summary: Cane Bay Plantation housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 8.4%.

Housing Supply in Cane Bay Plantation, SC

How many homes are available in Cane Bay Plantation, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
270286+5.9%

Summary: The Cane Bay Plantation real estate market had 286 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 3535
0.0%
3 7787
+13.0%
4 9596
+1.1%
5+ 6368
+7.9%

Summary: The Cane Bay Plantation housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 7.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3744+18.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cane Bay Plantation, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Cane Bay Plantation in October 2024, up by 18.9% month-over-month. Of the 44 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for Cane Bay Plantation, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Cane Bay Plantation, SC

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