Is Mc Connells, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Connells is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mc Connells was a Seller's Market.

Key Takeaway

Mc Connells 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 Mc Connells, SC

How much do homes in Mc Connells, SC cost?

Median Sold Price

$290,000

$177/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$46,000(-13.7%)

Key Takeaway

Homes in Mc Connells have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in Mc Connells was $290,000 in November 2024, down 13.7% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $336K$290K
-13.7%
4 --
N/A
5+ --
N/A

Summary: Mc Connells housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mc Connells, SC

How many homes are available in Mc Connells, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The Mc Connells real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Mc Connells housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

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 Mc Connells, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mc Connells in November 2024, the same as the previous 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 Mc Connells, SC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days28 Days+600.0%

Summary: Homes in Mc Connells had an average of 28 days on market in Nov 2024, up by 600% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mc Connells are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Mc Connells; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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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