$149,000
0.23 Acres
Land
Listing Office: RE/MAX Southern Shores NMB
Is Little River, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Little River was a Seller's Market.
Key Takeaway
Little River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Little River, SC
How much do homes in Little River, SC cost?
Median Sold Price
$359,772
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,970(+2.3%)
Key Takeaway
Homes in Little River have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Little River was $359,772 in October 2024, up 2.3% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215.5K | $192K | -10.9% |
| 2 Bedrooms | $270K | $269.8K | -0.1% |
| 3 Bedrooms | $389.4K | $395.2K | +1.5% |
| 4 Bedrooms | $540K | $574K | +6.3% |
| 5+ Bedrooms | $778K | $806.5K | +3.7% |
Summary: Little River housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| North Myrtle Beach | $384.1K | $403K | +4.9% |
| Little River | $351.8K | $359.7K | +2.3% |
| Longs | $295K | $299K | +1.4% |
Housing Supply in Little River, SC
How many homes are available in Little River, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,338 | 1,397 | +4.4% |
Summary: The Little River real estate market had 1,397 homes for sale in October 2024, a 4.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 140 | 145 | +3.6% |
| 2 Bedrooms | 393 | 405 | +3.1% |
| 3 Bedrooms | 559 | 585 | +4.7% |
| 4 Bedrooms | 162 | 171 | +5.6% |
| 5+ Bedrooms | 84 | 91 | +8.3% |
Summary: The Little River housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 145 | 185 | +27.6% |
Asking Price vs. Sold Price
151 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little River, you may be able to get a good deal. 81.6% of homes here sold below asking price last month.
Summary: A total of 185 homes were sold or pending in Little River in October 2024, up by 27.6% month-over-month. Of the 185 sold homes, 82% were sold under asking, 17% were sold at asking, and 2% were sold over asking.
Days on Market for Little River, SC
How long does it take to sell a home in Little River, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 81 Days | 112 Days | +38.0% |
Summary: Homes in Little River had an average of 112 days on market in Oct 2024, up by 38% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
99 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Little River are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 185 homes were sold in Little River; 6% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 54% of homes were sold over 90 days.
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