$69,900
Land
Ray Lewis, Listing Office: ChuckTown Homes PB KW
Is Pendleton, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Pendleton has remained a Seller's Market.
Key Takeaway
Pendleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pendleton, SC
How much do homes in Pendleton, SC cost?
Median Sold Price
$269,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+1.3%)
Key Takeaway
Homes in Pendleton have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Pendleton was $269,500 in November 2024, up 1.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $83.4K | N/A |
| 2 Bedrooms | $165K | $182.5K | +10.6% |
| 3 Bedrooms | $250K | $253K | +1.2% |
| 4 Bedrooms | $305K | $303.4K | -0.5% |
| 5+ Bedrooms | $318K | $325K | +2.2% |
Summary: Pendleton 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 increased by 10.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Clemson | $350K | $429K | +22.6% |
| Pendleton | $266K | $269.5K | +1.3% |
Housing Supply in Pendleton, SC
How many homes are available in Pendleton, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 71 | -5.3% |
Summary: The Pendleton real estate market had 71 homes for sale in November 2024, a 5.3% decrease 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 | 8 | 5 | -37.5% |
| 3 Bedrooms | 40 | 44 | +10.0% |
| 4 Bedrooms | 19 | 15 | -21.1% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Pendleton 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 37.5%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Asking Price vs. Sold Price
10 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 Pendleton, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Pendleton in November 2024, up by 50.0% month-over-month. Of the 18 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Pendleton, SC
How long does it take to sell a home in Pendleton, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 95 Days | +87.4% |
Summary: Homes in Pendleton had an average of 95 days on market in Nov 2024, up by 87.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pendleton has remained consistent over time.
Summary: During November 2024, 18 homes were sold in Pendleton; 6% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
