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 November 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

$303,799

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,799(+3.0%)

Key Takeaway

Homes in Inman have sold for 3% more than they did a year ago.

Summary: The median home sold price in Inman was $303,799 in November 2024, up 3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$185K
N/A
2 $175K$199.3K
+13.9%
3 $269.5K$284.5K
+5.6%
4 $335K$430K
+28.4%
5+ $429.9K$565K
+31.4%

Summary: Inman housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 31.4%.

Housing Supply in Inman, SC

How many homes are available in Inman, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
242218-9.9%

Summary: The Inman real estate market had 218 homes for sale in November 2024, a 9.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 131119
-9.2%
4 7266
-8.3%
5+ 2926
-10.3%

Summary: The Inman 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 decreased by 30%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 10.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6339-38.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 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. 59.4% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Inman in November 2024, down by 38.1% month-over-month. Of the 32 sold homes, 59% were sold under asking, 25% were sold at asking, and 16% 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

Nov 2023Nov 2024CHANGE
22 Days59 Days+170.2%

Summary: Homes in Inman had an average of 59 days on market in Nov 2024, up by 170.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 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 November 2024, 39 homes were sold in Inman; 28% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 10% 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 2 Days Ago

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