Is Moncks Corner, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moncks Corner is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Moncks Corner, SC

How much do homes in Moncks Corner, SC cost?

Median Sold Price

$359,991

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13(0.0%)

Key Takeaway

The sold price of homes in Moncks Corner has remained the same since last year.

Summary: The median home sold price in Moncks Corner was $359,991 in October 2024, the same as last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$120K
0.0%
2 $232.4K$181K
-22.1%
3 $329.9K$325K
-1.5%
4 $369.6K$376.9K
+2.0%
5+ $431.3K$436.9K
+1.3%

Summary: Moncks Corner 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 decreased by 22.1%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Goose Creek-Hanahan
+5.1%
Moncks Corner
0.0%

Housing Supply in Moncks Corner, SC

How many homes are available in Moncks Corner, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
375393+4.8%

Summary: The Moncks Corner real estate market had 393 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 88
0.0%
3 152152
0.0%
4 161174
+8.1%
5+ 5358
+9.4%

Summary: The Moncks Corner 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 9.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5141-19.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moncks Corner, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Moncks Corner in October 2024, down by 19.6% month-over-month. Of the 41 sold homes, 41% were sold under asking, 32% were sold at asking, and 27% were sold over asking.

Days on Market for Moncks Corner, SC

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Moncks Corner has remained consistent over time.

Summary: During October 2024, 41 homes were sold in Moncks Corner; 0% of homes were sold within 30 days, 2% 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 18 Days Ago

Newest Listings in Moncks Corner, SC

Nearby Markets to Moncks Corner, SC

What housing markets are near Moncks Corner, SC?