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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Powdersville-Piedmont has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Powdersville-Piedmont, SC

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

Median Sold Price

$385,600

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,600(+10.8%)

Key Takeaway

Homes in Powdersville-Piedmont have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Powdersville-Piedmont was $385,600 in October 2024, up 10.8% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $675K-
N/A
2 $189K$242K
+28.0%
3 $319.8K$309.9K
-3.1%
4 $365K$425K
+16.4%
5+ $452K$515K
+13.9%

Summary: Powdersville-Piedmont 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 increased by 28%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 13.9%.

Median Sold Price Compared To Nearby Cities

Pelzer
+25.7%
Williamston-Pelzer
+11.5%
Powdersville-Piedmont
+10.8%
Easley
+5.2%
Piedmont
+2.3%

Housing Supply in Powdersville-Piedmont, SC

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
214226+5.6%

Summary: The Powdersville-Piedmont real estate market had 226 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 8389
+7.2%
4 9091
+1.1%
5+ 3841
+7.9%

Summary: The Powdersville-Piedmont 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 increased by 66.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 7.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3841+7.9%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 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. 67.5% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Powdersville-Piedmont in October 2024, up by 7.9% month-over-month. Of the 40 sold homes, 68% were sold under asking, 13% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
45 Days49 Days+8.8%

Summary: Homes in Powdersville-Piedmont had an average of 49 days on market in Oct 2024, up by 8.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Powdersville-Piedmont has remained consistent over time.

Summary: During October 2024, 41 homes were sold in Powdersville-Piedmont; 7% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

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