$199,600
5.40 Acres
Land
Jay Alexander, Listing Office: Windsor Aughtry Brokerage, LLC
Is Pelzer, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Pelzer was a Seller's Market.
Key Takeaway
Pelzer 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 Pelzer, SC
How much do homes in Pelzer, SC cost?
Median Sold Price
$315,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,500(+25.7%)
Key Takeaway
Homes in Pelzer have sold for 25.7% more than they did a year ago.
Summary: The median home sold price in Pelzer was $315,000 in October 2024, up 25.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179K | $155K | -13.4% |
| 3 Bedrooms | $245K | $302K | +23.3% |
| 4 Bedrooms | $300K | $402.5K | +34.2% |
| 5+ Bedrooms | $565K | $612.4K | +8.4% |
Summary: Pelzer 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 13.4%, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Pelzer | $250.5K | $315K | +25.7% |
| Pelzer | $250.5K | $315K | +25.7% |
| Piedmont | $315.6K | $322.9K | +2.3% |
| Williamston | $259.9K | $265K | +1.9% |
Housing Supply in Pelzer, SC
How many homes are available in Pelzer, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 59 | -10.6% |
Summary: The Pelzer real estate market had 59 homes for sale in October 2024, a 10.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Pelzer 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 33.3%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 9 | -57.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 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. 50% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Pelzer in October 2024, down by 57.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 42 Days | +25.4% |
Summary: Homes in Pelzer had an average of 42 days on market in Oct 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pelzer are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Pelzer; 11% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
