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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inman is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Inman, SC

How much do homes in Inman, SC cost?

Median Sold Price

$305,950

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$6,950(+2.3%)

Key Takeaway

Homes in Inman have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Inman was $305,950 in December 2024, up 2.3% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$185K
N/A
2 $189.5K$192.5K
+1.6%
3 $275K$283.8K
+3.2%
4 $333K$431K
+29.4%
5+ $435.9K$580K
+33.0%

Summary: Inman housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 33%.

Housing Supply in Inman, SC

How many homes are available in Inman, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
210208-1.0%

Summary: The Inman real estate market had 208 homes for sale in December 2024, a 1.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 115121
+5.2%
4 6258
-6.5%
5+ 2522
-12.0%

Summary: The Inman housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 12%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3548+37.1%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inman, you may be able to get a good deal. 55.8% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Inman in December 2024, up by 37.1% month-over-month. Of the 43 sold homes, 56% were sold under asking, 37% were sold at asking, and 7% were sold over asking.

Days on Market for Inman, SC

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

Average Sale Time

Dec 2023Dec 2024CHANGE
37 Days23 Days-37.4%

Summary: Homes in Inman had an average of 23 days on market in Dec 2024, down by 37.4% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 48 homes were sold in Inman; 38% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% 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 4 Days Ago

Newest Listings in Inman, SC

Nearby Markets to Inman, SC