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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orangeburg is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Orangeburg, SC

How much do homes in Orangeburg, SC cost?

Median Sold Price

$186,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$36,000(-16.2%)

Key Takeaway

Homes in Orangeburg have sold for 16.2% less than they did a year ago.

Summary: The median home sold price in Orangeburg was $186,000 in October 2024, down 16.2% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $92.2K$89.2K
-3.3%
3 $167.5K$184.7K
+10.3%
4 $280.5K$280K
-0.2%
5+ $320K$320K
0.0%

Summary: Orangeburg 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 3.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes did not change.

Housing Supply in Orangeburg, SC

How many homes are available in Orangeburg, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
161196+21.7%

Summary: The Orangeburg real estate market had 196 homes for sale in October 2024, a 21.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 101123
+21.8%
4 3947
+20.5%
5+ 1315
+15.4%

Summary: The Orangeburg 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 37.5%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orangeburg, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Orangeburg in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Orangeburg, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Orangeburg, SC

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