$3,622 Closing Credit*
$305,000
1,754 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Innovate South
Is Conway, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Conway was a Seller's Market.
Key Takeaway
Conway 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 Conway, SC
How much do homes in Conway, SC cost?
Median Sold Price
$297,916
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,681(+1.6%)
Key Takeaway
Homes in Conway have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Conway was $297,916 in November 2024, up 1.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $114.9K | -4.3% |
| 2 Bedrooms | $171.2K | $157K | -8.3% |
| 3 Bedrooms | $277K | $280.8K | +1.4% |
| 4 Bedrooms | $347.8K | $357.9K | +2.9% |
| 5+ Bedrooms | $411K | $366.9K | -10.7% |
Summary: Conway housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Conway | $293.2K | $297.9K | +1.6% |
| Conway East | $334.7K | $335K | 0.1% |
Housing Supply in Conway, SC
How many homes are available in Conway, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 593 | 584 | -1.5% |
Summary: The Conway real estate market had 584 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 35 | 40 | +14.3% |
| 3 Bedrooms | 341 | 339 | -0.6% |
| 4 Bedrooms | 173 | 162 | -6.4% |
| 5+ Bedrooms | 42 | 41 | -2.4% |
Summary: The Conway housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 2.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 111 | 91 | -18.0% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conway, you may be able to get a good deal. 58.2% of homes here sold below asking price last month.
Summary: A total of 91 homes were sold or pending in Conway in November 2024, down by 18.0% month-over-month. Of the 91 sold homes, 58% were sold under asking, 33% were sold at asking, and 9% were sold over asking.
Days on Market for Conway, SC
How long does it take to sell a home in Conway, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 118 Days | +21.6% |
Summary: Homes in Conway had an average of 118 days on market in Nov 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Conway are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 91 homes were sold in Conway; 4% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.
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