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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurens County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Laurens County was a Neutral Market.

Key Takeaway

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

Housing Prices in Laurens County, SC

How much do homes in Laurens County, SC cost?

Median Sold Price

$237,500

$120/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$12,500(+5.6%)

Key Takeaway

Homes in Laurens County have sold for 5.6% more than they did a month ago.

Summary: The median home sold price in Laurens County was $237,500 in November 2024, up 5.6% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $80K$113.7K
+42.2%
3 $238.9K$227.7K
-4.7%
4 $285K$204K
-28.4%
5+ -$492K
N/A

Summary: Laurens County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.2%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 28.4%, and 5+ bedroom homes did not change.

Housing Supply in Laurens County, SC

How many homes are available in Laurens County, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
146165+13.0%

Summary: The Laurens County real estate market had 165 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2527
+8.0%
3 8188
+8.6%
4 2939
+34.5%
5+ 1010
0.0%

Summary: The Laurens County 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 increased by 8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2423-4.2%

Asking Price vs. Sold Price

13 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 County, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Laurens County in November 2024, down by 4.2% month-over-month. Of the 21 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for Laurens County, SC

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Laurens County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 23 homes were sold in Laurens County; 0% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Laurens County, SC

Nearby Markets to Laurens County, SC

What housing markets are near Laurens County, SC?