$2,969 Closing Credit*
$250,000
3 Beds
•2 Full Baths
Tarah Kastner, Listing Office: Distinguished Realty of SC
Is Piedmont, 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, Piedmont was a Neutral Market.
Key Takeaway
Piedmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Piedmont, SC
How much do homes in Piedmont, SC cost?
Median Sold Price
$325,099
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,109(+2.9%)
Key Takeaway
Homes in Piedmont have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Piedmont was $325,099 in November 2024, up 2.9% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $675K | - | N/A |
| 2 Bedrooms | $216.5K | $169.9K | -21.5% |
| 3 Bedrooms | $300K | $299.9K | 0% |
| 4 Bedrooms | $315.4K | $350K | +11.0% |
| 5+ Bedrooms | $347.9K | $368.8K | +6.0% |
Summary: Piedmont 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 21.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Pelzer | $250K | $310K | +24.0% |
| Powdersville-Piedmont | $349.2K | $389.9K | +11.7% |
| Williamston-Pelzer | $284K | $310K | +9.2% |
| Piedmont | $315.9K | $325K | +2.9% |
Housing Supply in Piedmont, SC
How many homes are available in Piedmont, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 286 | 289 | +1.0% |
Summary: The Piedmont real estate market had 289 homes for sale in November 2024, a 1.0% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 141 | 138 | -2.1% |
| 4 Bedrooms | 111 | 113 | +1.8% |
| 5+ Bedrooms | 29 | 35 | +20.7% |
Summary: The Piedmont 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 40%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 20.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 50 | +6.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piedmont, expect to pay close to the asking price. 47.7% of homes here sold near the asking price last month.
Summary: A total of 50 homes were sold or pending in Piedmont in November 2024, up by 6.4% month-over-month. Of the 44 sold homes, 34% were sold under asking, 48% were sold at asking, and 18% were sold over asking.
Days on Market for Piedmont, SC
How long does it take to sell a home in Piedmont, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 37 Days | -43.7% |
Summary: Homes in Piedmont had an average of 37 days on market in Nov 2024, down by 43.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Piedmont has remained consistent over time.
Summary: During November 2024, 50 homes were sold in Piedmont; 8% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
