Is Goose Creek-Hanahan, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goose Creek-Hanahan is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Goose Creek-Hanahan has remained a Seller's Market.

Key Takeaway

Goose Creek-Hanahan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Goose Creek-Hanahan, SC

How much do homes in Goose Creek-Hanahan, SC cost?

Median Sold Price

$384,975

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,663(+5.1%)

Key Takeaway

Homes in Goose Creek-Hanahan have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Goose Creek-Hanahan was $384,975 in October 2024, up 5.1% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $166K$200K
+20.5%
2 $270K$358.7K
+32.9%
3 $325.5K$339.9K
+4.4%
4 $390.1K$404.6K
+3.7%
5+ $436.4K$469.9K
+7.7%

Summary: Goose Creek-Hanahan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Goose Creek-Hanahan
+5.1%
Summerville
+2.6%
Ladson
+1.6%
Goose Creek
+1.2%
Moncks Corner
0.0%

Housing Supply in Goose Creek-Hanahan, SC

How many homes are available in Goose Creek-Hanahan, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,0701,135+6.1%

Summary: The Goose Creek-Hanahan real estate market had 1,135 homes for sale in October 2024, a 6.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 25
+150.0%
2 120122
+1.7%
3 430457
+6.3%
4 367396
+7.9%
5+ 151155
+2.6%

Summary: The Goose Creek-Hanahan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 2.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
186194+4.3%

Asking Price vs. Sold Price

102 Homes Were Sold
Under Asking

53 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goose Creek-Hanahan, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 194 homes were sold or pending in Goose Creek-Hanahan in October 2024, up by 4.3% month-over-month. Of the 194 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.

Days on Market for Goose Creek-Hanahan, 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 Goose Creek-Hanahan, SC

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