Is Plantation Lakes, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantation Lakes is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Plantation Lakes has remained a Neutral Market.

Key Takeaway

Plantation Lakes 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 Plantation Lakes, SC

How much do homes in Plantation Lakes, SC cost?

Median Sold Price

$500,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$130,000(-20.6%)

Key Takeaway

Homes in Plantation Lakes have sold for 20.6% less than they did a year ago.

Summary: The median home sold price in Plantation Lakes was $500,000 in October 2024, down 20.6% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $218K$287.5K
+31.9%
4 $685K$732.5K
+6.9%
5+ $875K$580K
-33.7%

Summary: Plantation Lakes 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 did not change, 3 bedroom homes increased by 31.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 33.7%.

Median Sold Price Compared To Nearby Neighborhoods

Waterbridge
+18.4%
Carolina Forest
0.3%
Plantation Lakes
-20.6%

Housing Supply in Plantation Lakes, SC

How many homes are available in Plantation Lakes, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The Plantation Lakes real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 66
0.0%
5+ 11
0.0%

Summary: The Plantation Lakes 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plantation Lakes, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Plantation Lakes in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Plantation Lakes, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
127 Days107 Days-16.1%

Summary: Homes in Plantation Lakes had an average of 107 days on market in Oct 2024, down by 16.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Plantation Lakes has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Plantation Lakes; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in Plantation Lakes, SC

Nearby Markets to Plantation Lakes, SC