Is Prince Creek, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Prince Creek is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Prince Creek has remained a Seller's Market.

Key Takeaway

Prince Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Prince Creek, SC

How much do homes in Prince Creek, SC cost?

Median Sold Price

$542,500

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-3.1%)

Key Takeaway

Homes in Prince Creek have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Prince Creek was $542,500 in October 2024, down 3.1% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $372.5K$380K
+2.0%
3 $419.4K$459.8K
+9.6%
4 $734.5K$613.5K
-16.5%
5+ $860K$874.9K
+1.7%

Summary: Prince Creek 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 2%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Neighborhoods

Prince Creek West
+21.6%
Prince Creek
-3.1%

Housing Supply in Prince Creek, SC

How many homes are available in Prince Creek, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3633-8.3%

Summary: The Prince Creek real estate market had 33 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1612
-25.0%
4 1315
+15.4%
5+ 65
-16.7%

Summary: The Prince Creek 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 25%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Prince Creek, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Prince Creek in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Prince Creek, SC

How long does it take to sell a home in Prince Creek, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
55 Days55 Days-0.3%

Summary: Homes in Prince Creek had an average of 55 days on market in Oct 2024, down by 0.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

8 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 Prince Creek has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Prince Creek; 0% of homes were sold within 30 days, 100% 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 13 Days Ago

Newest Listings in Prince Creek, SC

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