Is Powdersville-Piedmont, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Powdersville-Piedmont is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Powdersville-Piedmont was a Seller's Market.

Key Takeaway

Powdersville-Piedmont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Powdersville-Piedmont, SC

How much do homes in Powdersville-Piedmont, SC cost?

Median Sold Price

$389,990

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,726(+11.7%)

Key Takeaway

Homes in Powdersville-Piedmont have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Powdersville-Piedmont was $389,990 in November 2024, up 11.7% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $675K-
N/A
2 $189K$242K
+28.0%
3 $322.5K$311K
-3.6%
4 $361.4K$416.5K
+15.2%
5+ $452K$512.5K
+13.4%

Summary: Powdersville-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 increased by 28%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Cities

Pelzer
+24.0%
Powdersville-Piedmont
+11.7%
Williamston-Pelzer
+9.2%
Easley
+7.1%
Piedmont
+2.9%

Housing Supply in Powdersville-Piedmont, SC

How many homes are available in Powdersville-Piedmont, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
218210-3.7%

Summary: The Powdersville-Piedmont real estate market had 210 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 40
-100.0%
3 8985
-4.5%
4 8882
-6.8%
5+ 3743
+16.2%

Summary: The Powdersville-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 100%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 16.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4323-46.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Powdersville-Piedmont, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Powdersville-Piedmont in November 2024, down by 46.5% month-over-month. Of the 19 sold homes, 58% were sold under asking, 26% were sold at asking, and 16% were sold over asking.

Days on Market for Powdersville-Piedmont, SC

How long does it take to sell a home in Powdersville-Piedmont, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
61 Days62 Days+1.9%

Summary: Homes in Powdersville-Piedmont had an average of 62 days on market in Nov 2024, up by 1.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Powdersville-Piedmont are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in Powdersville-Piedmont; 9% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% 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 21 Days Ago

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MLS Disclaimers and Copyright

Based on information from Greater Greenville MLS, Western Upstate MLS, and Multiple Listing Service of Spartanburg for the period 12/01/2022 - 12/01/2024

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2024 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2024 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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