$8,894 Closing Credit*
$749,000
2,314 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: NextHome The Agency Group
Is Ravenel-Hollywood, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ravenel-Hollywood was a Seller's Market.
Key Takeaway
Ravenel-Hollywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ravenel-Hollywood, SC
How much do homes in Ravenel-Hollywood, SC cost?
Median Sold Price
$695,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,703(+8.9%)
Key Takeaway
Homes in Ravenel-Hollywood have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Ravenel-Hollywood was $695,000 in October 2024, up 8.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $352.7K | $532.4K | +50.9% |
| 2 Bedrooms | $325K | $340K | +4.6% |
| 3 Bedrooms | $544K | $632.5K | +16.3% |
| 4 Bedrooms | $691.7K | $827.8K | +19.7% |
| 5+ Bedrooms | $890K | $988.8K | +11.1% |
Summary: Ravenel-Hollywood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Ravenel | $454.6K | $580K | +27.6% |
| Ravenel-Hollywood | $638.2K | $695K | +8.9% |
| Hollywood | $654.5K | $709.5K | +8.4% |
Housing Supply in Ravenel-Hollywood, SC
How many homes are available in Ravenel-Hollywood, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 63 | +12.5% |
Summary: The Ravenel-Hollywood real estate market had 63 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 26 | 29 | +11.5% |
| 4 Bedrooms | 18 | 23 | +27.8% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Ravenel-Hollywood 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 11.5%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ravenel-Hollywood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Ravenel-Hollywood in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Ravenel-Hollywood, SC
We’re sorry, we don't have information for this market at the moment
