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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingstree is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kingstree, SC

How much do homes in Kingstree, SC cost?

Median Sold Price

$196,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,500(+10.4%)

Key Takeaway

Homes in Kingstree have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Kingstree was $196,000 in October 2024, up 10.4% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $58K-
N/A
2 $118.5K$171.5K
+44.7%
3 $177.5K$169.5K
-4.5%
4 $116K$257.5K
+122.0%
5+ $225K$216K
-4.0%

Summary: Kingstree housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 122%, and 5+ bedroom homes decreased by 4%.

Housing Supply in Kingstree, SC

How many homes are available in Kingstree, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1920+5.3%

Summary: The Kingstree real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1413
-7.1%
4 13
+200.0%
5+ 11
0.0%

Summary: The Kingstree 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 remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Kingstree, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kingstree in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kingstree, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
392 Days120 Days-69.4%

Summary: Homes in Kingstree had an average of 120 days on market in Oct 2024, down by 69.4% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Kingstree has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Kingstree; 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 18 Days Ago

Newest Listings in Kingstree, SC

Nearby Markets to Kingstree, SC