$551,040
45.92 Acres
Land
Micky Montgomery, Listing Office: Montgomery Realty Group, LLC
Is Pelzer, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pelzer was a Buyer's Market.
Key Takeaway
Pelzer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pelzer, SC
How much do homes in Pelzer, SC cost?
Median Sold Price
$310,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+24.0%)
Key Takeaway
Homes in Pelzer have sold for 24% more than they did a year ago.
Summary: The median home sold price in Pelzer was $310,000 in November 2024, up 24% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $177K | $159K | -10.2% |
| 3 Bedrooms | $245K | $295K | +20.4% |
| 4 Bedrooms | $314.9K | $441.5K | +40.2% |
| 5+ Bedrooms | $472.4K | $595.9K | +26.1% |
Summary: Pelzer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 40.2%, and 5+ bedroom homes increased by 26.1%.
Median Sold Price Compared To Nearby Cities
| Pelzer | $250K | $315K | +26.0% |
| Pelzer | $250K | $310K | +24.0% |
| Piedmont | $315.9K | $325K | +2.9% |
| Williamston | $270K | $270.3K | 0.1% |
Housing Supply in Pelzer, SC
How many homes are available in Pelzer, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 62 | +5.1% |
Summary: The Pelzer real estate market had 62 homes for sale in November 2024, a 5.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 39 | 42 | +7.7% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Pelzer 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 decreased by 25%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pelzer, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Pelzer in November 2024, up by 66.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.
Days on Market for Pelzer, SC
How long does it take to sell a home in Pelzer, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 75 Days | +66.7% |
Summary: Homes in Pelzer had an average of 75 days on market in Nov 2024, up by 66.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pelzer are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Pelzer; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
