Is Sterling, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sterling is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sterling has remained a Buyer's Market.

Key Takeaway

Sterling is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sterling, SC

How much do homes in Sterling, SC cost?

Median Sold Price

$525,500

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$32,002(-5.7%)

Key Takeaway

Homes in Sterling have sold for 5.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$490K
N/A
3 $557.5K$561K
+0.6%
4 --
N/A
5+ --
N/A

Summary: Sterling housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sterling
-5.7%
West End
-21.2%

Housing Supply in Sterling, SC

How many homes are available in Sterling, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2026+30.0%

Summary: The Sterling real estate market had 26 homes for sale in October 2024, a 30.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 1112
+9.1%
4 14
+300.0%
5+ 11
0.0%

Summary: The Sterling 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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sterling, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sterling in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sterling, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Sterling, SC

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