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 November 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 November 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 November 2024, up 11.1% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$342.5K
+280.6%
2 $185.2K$200K
+8.0%
3 $284.9K$285K
0.0%
4 $326.4K$405K
+24.1%
5+ $479.4K$397.5K
-17.1%

Summary: Pickens housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 280.6%, 2 bedroom homes increased by 8%, 3 bedroom homes did not change, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 17.1%.

Housing Supply in Pickens, SC

How many homes are available in Pickens, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9488-6.4%

Summary: The Pickens real estate market had 88 homes for sale in November 2024, a 6.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1114
+27.3%
3 5147
-7.8%
4 2219
-13.6%
5+ 108
-20.0%

Summary: The Pickens 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 increased by 27.3%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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. 72.2% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Pickens in November 2024, up by 10.5% month-over-month. Of the 18 sold homes, 72% were sold under asking, 22% were sold at asking, and 6% 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

Nov 2023Nov 2024CHANGE
48 Days96 Days+98.5%

Summary: Homes in Pickens had an average of 96 days on market in Nov 2024, up by 98.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pickens are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 21 homes were sold in Pickens; 10% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 24% 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 17 Days Ago

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