Is Island Green, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Island Green is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Island Green was a Seller's Market.

Key Takeaway

Island Green is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Island Green, SC

How much do homes in Island Green, SC cost?

Median Sold Price

$147,500

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,500(+1.7%)

Key Takeaway

Homes in Island Green have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Island Green was $147,500 in November 2024, up 1.7% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$120K
-4.0%
2 $165K$175K
+6.1%
3 $275K$310K
+12.7%
4 $293.7K$581.7K
+98.0%
5+ $325K$560.9K
+72.6%

Summary: Island Green housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 98%, and 5+ bedroom homes increased by 72.6%.

Housing Supply in Island Green, SC

How many homes are available in Island Green, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
47470.0%

Summary: The Island Green real estate market had 47 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1818
0.0%
2 1414
0.0%
3 1213
+8.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Island Green 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 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Island Green, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Island Green in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Island Green, SC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days102 Days+141.4%

Summary: Homes in Island Green had an average of 102 days on market in Nov 2024, up by 141.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Island Green has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Island Green; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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