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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurens is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Laurens was a Buyer's Market.

Key Takeaway

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

Housing Prices in Laurens, SC

How much do homes in Laurens, SC cost?

Median Sold Price

$225,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$2,430(-1.1%)

Key Takeaway

Homes in Laurens have sold for 1.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $265K$101.4K
-61.7%
3 $172.7K$225K
+30.3%
4 -$266K
N/A
5+ --
N/A

Summary: Laurens housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 61.7%, 3 bedroom homes increased by 30.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Laurens, SC

How many homes are available in Laurens, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6680+21.2%

Summary: The Laurens real estate market had 80 homes for sale in October 2024, a 21.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 4450
+13.6%
4 1320
+53.8%
5+ 25
+150.0%

Summary: The Laurens 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 decreased by 33.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
515+200.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laurens, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Laurens in October 2024, up by 200.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Laurens, SC

We’re sorry, we don't have information for this market at the moment

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 Laurens, SC

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