Is Edgewater, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edgewater is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Edgewater has remained a Buyer's Market.

Key Takeaway

Edgewater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Edgewater, SC

How much do homes in Edgewater, SC cost?

Median Sold Price

$412,500

$223/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,100(+2.5%)

Key Takeaway

Homes in Edgewater have sold for 2.5% more than they did a month ago.

Summary: The median home sold price in Edgewater was $412,500 in November 2024, up 2.5% from last month, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $402.4K$412.5K
+2.5%
4 --
N/A
5+ --
N/A

Summary: Edgewater housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Edgewater, SC

How many homes are available in Edgewater, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2527+8.0%

Summary: The Edgewater real estate market had 27 homes for sale in November 2024, a 8.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1516
+6.7%
4 68
+33.3%
5+ 21
-50.0%

Summary: The Edgewater 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edgewater, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Edgewater in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Edgewater, SC

How long does it take to sell a home in Edgewater, SC?

Average Sale Time

Oct 2024Nov 2024CHANGE
28 Days129 Days+360.7%

Summary: Homes in Edgewater had an average of 129 days on market in Nov 2024, up by 360.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Edgewater are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Edgewater; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

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