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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Prince Creek West is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Prince Creek West, SC

How much do homes in Prince Creek West, SC cost?

Median Sold Price

$450,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,000(+21.6%)

Key Takeaway

Homes in Prince Creek West have sold for 21.6% more than they did a year ago.

Summary: The median home sold price in Prince Creek West was $450,000 in October 2024, up 21.6% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $218K$319.9K
+46.7%
3 $361.2K$425K
+17.7%
4 $520K$612.5K
+17.8%
5+ --
N/A

Summary: Prince Creek West 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 46.7%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Prince Creek West
+21.6%
Prince Creek
-3.1%

Housing Supply in Prince Creek West, SC

How many homes are available in Prince Creek West, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3233+3.1%

Summary: The Prince Creek West real estate market had 33 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2628
+7.7%
4 54
-20.0%
5+ 00
0.0%

Summary: The Prince Creek West 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 increased by 7.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 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 West, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Prince Creek West in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Prince Creek West, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
87 Days108 Days+24.7%

Summary: Homes in Prince Creek West had an average of 108 days on market in Oct 2024, up by 24.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Prince Creek West has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Prince Creek West; 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 21 Days Ago

Newest Listings in Prince Creek West, SC

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