$1,651 Closing Credit*
$139,000
1,584 SqFt
4 Beds
•2 Full Baths
Listing Office: Garden City Realty, Inc
Is Loris, 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, Loris was a Seller's Market.
Key Takeaway
Loris is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Loris, SC
How much do homes in Loris, SC cost?
Median Sold Price
$292,280
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,030(+2.5%)
Key Takeaway
Homes in Loris have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Loris was $292,280 in October 2024, up 2.5% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $200K | +90.5% |
| 2 Bedrooms | $125K | $200K | +60.0% |
| 3 Bedrooms | $283.2K | $280.7K | -0.9% |
| 4 Bedrooms | $315K | $327.9K | +4.1% |
| 5+ Bedrooms | $421.2K | $480K | +14.0% |
Summary: Loris housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90.5%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 14%.
Housing Supply in Loris, SC
How many homes are available in Loris, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 114 | 113 | -0.9% |
Summary: The Loris real estate market had 113 homes for sale in October 2024, a 0.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 70 | 74 | +5.7% |
| 4 Bedrooms | 32 | 30 | -6.3% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Loris 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 16.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Loris, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Loris in October 2024, down by 29.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Loris, SC
How long does it take to sell a home in Loris, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 162 Days | 130 Days | -19.7% |
Summary: Homes in Loris had an average of 130 days on market in Oct 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Loris are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 12 homes were sold in Loris; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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