$3,324 Closing Credit*
$279,900
1,773 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: INNOVATE Real Estate
Is Little River, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$359,285
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,885(+1.7%)
Key Takeaway
Homes in Little River have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Little River was $359,285 in November 2024, up 1.7% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215.2K | $190K | -11.7% |
| 2 Bedrooms | $269.9K | $269.8K | 0% |
| 3 Bedrooms | $385.8K | $393.7K | +2.1% |
| 4 Bedrooms | $538K | $570K | +5.9% |
| 5+ Bedrooms | $767.5K | $840K | +9.4% |
Summary: Little River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
| North Myrtle Beach | $386.7K | $400.1K | +3.5% |
| Longs | $294.5K | $300K | +1.9% |
| Little River | $353.4K | $359.2K | +1.7% |
Housing Supply in Little River, SC
How many homes are available in Little River, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,353 | 1,323 | -2.2% |
Summary: The Little River real estate market had 1,323 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 143 | 132 | -7.7% |
| 2 Bedrooms | 384 | 375 | -2.3% |
| 3 Bedrooms | 570 | 555 | -2.6% |
| 4 Bedrooms | 168 | 169 | +0.6% |
| 5+ Bedrooms | 88 | 92 | +4.5% |
Summary: The Little River housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 200 | 130 | -35.0% |
Asking Price vs. Sold Price
102 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
8 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. 78.5% of homes here sold below asking price last month.
Summary: A total of 130 homes were sold or pending in Little River in November 2024, down by 35.0% month-over-month. Of the 130 sold homes, 78% were sold under asking, 15% were sold at asking, and 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 107 Days | +18.3% |
Summary: Homes in Little River had an average of 107 days on market in Nov 2024, up by 18.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
61 Homes Were Sold
In 30 - 90 Days
64 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 November 2024, 130 homes were sold in Little River; 4% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 49% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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