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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickens is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Pickens has remained a Seller's Market.

Key Takeaway

Pickens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pickens, SC

How much do homes in Pickens, SC cost?

Median Sold Price

$300,000

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+11.1%)

Key Takeaway

Homes in Pickens have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Pickens was $300,000 in October 2024, up 11.1% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90K$342.5K
+280.6%
2 $174.9K$197.5K
+12.9%
3 $270K$285K
+5.6%
4 $380K$405K
+6.6%
5+ $289.8K$397.5K
+37.2%

Summary: Pickens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 280.6%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 37.2%.

Housing Supply in Pickens, SC

How many homes are available in Pickens, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
99104+5.1%

Summary: The Pickens real estate market had 104 homes for sale in October 2024, a 5.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1511
-26.7%
3 5557
+3.6%
4 1724
+41.2%
5+ 1010
0.0%

Summary: The Pickens 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 decreased by 26.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1719+11.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickens, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Pickens in October 2024, up by 11.8% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Pickens, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days84 Days+88.0%

Summary: Homes in Pickens had an average of 84 days on market in Oct 2024, up by 88% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pickens has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Pickens; 5% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

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