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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gramling is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Gramling was a Seller's Market.

Key Takeaway

Gramling 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 Gramling, SC

How much do homes in Gramling, SC cost?

Median Sold Price

$515,000

$245/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$60,000(+13.2%)

Key Takeaway

Homes in Gramling have sold for 13.2% more than they did a month ago.

Summary: The median home sold price in Gramling was $515,000 in November 2024, up 13.2% from last month, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $403K$515K
+27.8%
4 $619.9K-
N/A
5+ --
N/A

Summary: Gramling 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 27.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gramling, SC

How many homes are available in Gramling, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4546+2.2%

Summary: The Gramling real estate market had 46 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2830
+7.1%
4 1312
-7.7%
5+ 44
0.0%

Summary: The Gramling 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 7.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gramling, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Gramling in November 2024, down by 36.4% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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 2024Nov 2024CHANGE
37 Days22 Days-38.5%

Summary: Homes in Gramling had an average of 22 days on market in Nov 2024, down by 38.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 7 homes were sold in Gramling; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Gramling, SC

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