Is Sampit-North Santee, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sampit-North Santee is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Sampit-North Santee has remained a Seller's Market.

Key Takeaway

Sampit-North Santee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sampit-North Santee, SC

How much do homes in Sampit-North Santee, SC cost?

Median Sold Price

$265,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$32,027(-10.8%)

Key Takeaway

Homes in Sampit-North Santee have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in Sampit-North Santee was $265,000 in May 2024, down 10.8% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $193.5K-
N/A
3 $327.1K$265K
-19.0%
4 $195K$226.9K
+16.4%
5+ $260K$7.5M
+2796.2%

Summary: Sampit-North Santee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 2796.2%.

Median Sold Price Compared To Nearby Cities

Andrews
+39.0%
Mc Clellanville
+6.5%
Sampit-North Santee
-10.8%
Cordesville
-34.0%

Housing Supply in Sampit-North Santee, SC

How many homes are available in Sampit-North Santee, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87-12.5%

Summary: The Sampit-North Santee real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Sampit-North Santee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sampit-North Santee, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sampit-North Santee in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sampit-North Santee, SC

How long does it take to sell a home in Sampit-North Santee, SC?

Average Sale Time

May 2023May 2024CHANGE
62 Days87 Days+40.3%

Summary: Homes in Sampit-North Santee had an average of 87 days on market in May 2024, up by 40.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Sampit-North Santee has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Sampit-North Santee; 0% of homes were sold within 30 days, 50% 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 3 Days Ago

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