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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Longs is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Longs was a Buyer's Market.

Key Takeaway

Longs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Longs, SC

How much do homes in Longs, SC cost?

Median Sold Price

$300,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,500(+1.9%)

Key Takeaway

Homes in Longs have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Longs was $300,000 in November 2024, up 1.9% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123.5K$121K
-2.0%
2 $175K$183.7K
+5.0%
3 $290K$295.9K
+2.1%
4 $350K$361.9K
+3.4%
5+ $374.9K$409.2K
+9.1%

Summary: Longs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Longs
+1.9%
Little River
+1.7%
Shallotte Township
+1.1%
Conway East
0.1%

Housing Supply in Longs, SC

How many homes are available in Longs, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
263262-0.4%

Summary: The Longs real estate market had 262 homes for sale in November 2024, a 0.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 3235
+9.4%
3 171172
+0.6%
4 5046
-8.0%
5+ 88
0.0%

Summary: The Longs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3941+5.1%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Longs, you may be able to get a good deal. 61% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Longs in November 2024, up by 5.1% month-over-month. Of the 41 sold homes, 61% were sold under asking, 27% were sold at asking, and 12% were sold over asking.

Days on Market for Longs, SC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
116 Days164 Days+41.0%

Summary: Homes in Longs had an average of 164 days on market in Nov 2024, up by 41% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 41 homes were sold in Longs; 2% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 76% 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 17 Days Ago

Newest Listings in Longs, SC

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