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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Macedonia is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Macedonia was a Seller's Market.

Key Takeaway

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

Housing Prices in Macedonia, SC

How much do homes in Macedonia, SC cost?

Median Sold Price

$265,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$29,950(-10.2%)

Key Takeaway

Homes in Macedonia have sold for 10.2% less than they did a year ago.

Summary: The median home sold price in Macedonia was $265,000 in October 2024, down 10.2% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $150K$189.9K
+26.6%
3 $292K$265K
-9.2%
4 $385K$259.4K
-32.6%
5+ $329.5K$500K
+51.7%

Summary: Macedonia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.6%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 32.6%, and 5+ bedroom homes increased by 51.7%.

Median Sold Price Compared To Nearby Cities

Chesnee
+19.3%
High Shoals Township
0.1%
Cowpens
-6.2%
Macedonia
-10.2%

Housing Supply in Macedonia, SC

How many homes are available in Macedonia, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3538+8.6%

Summary: The Macedonia real estate market had 38 homes for sale in October 2024, a 8.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 2422
-8.3%
4 911
+22.2%
5+ 22
0.0%

Summary: The Macedonia 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 increased by 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Macedonia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Macedonia in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Macedonia, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days91 Days+31.9%

Summary: Homes in Macedonia had an average of 91 days on market in Oct 2024, up by 31.9% compared to last year.

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

Summary: During October 2024, 2 homes were sold in Macedonia; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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

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