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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gramling is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Gramling has remained a Seller's Market.

Key Takeaway

Gramling is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gramling, SC

How much do homes in Gramling, SC cost?

Median Sold Price

$393,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,890(+16.2%)

Key Takeaway

Homes in Gramling have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in Gramling was $393,000 in October 2024, up 16.2% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $475K$1.1M
+131.6%
2 $225K$181.5K
-19.3%
3 $333K$357.9K
+7.5%
4 $437.5K$540K
+23.4%
5+ -$941.2K
N/A

Summary: Gramling housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 131.6%, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gramling
+16.2%
Greer
+6.3%
Campobello
-3.3%

Housing Supply in Gramling, SC

How many homes are available in Gramling, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4349+14.0%

Summary: The Gramling real estate market had 49 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 2231
+40.9%
4 1714
-17.6%
5+ 24
+100.0%

Summary: The Gramling 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 decreased by 100%, 3 bedroom homes increased by 40.9%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gramling, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Gramling in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 55% were sold at asking, and 27% were sold over asking.

Days on Market for Gramling, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days35 Days-2.1%

Summary: Homes in Gramling had an average of 35 days on market in Oct 2024, down by 2.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gramling are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Gramling; 18% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

Newest Listings in Gramling, SC

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