Is Summers Corner, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Summers Corner is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Summers Corner has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Summers Corner, SC

How much do homes in Summers Corner, SC cost?

Median Sold Price

$390,535

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$21,315(-5.2%)

Key Takeaway

Homes in Summers Corner have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Summers Corner was $390,535 in December 2024, down 5.2% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $348.8K$307.6K
-11.8%
3 $391.6K$365K
-6.8%
4 $419.6K$410K
-2.3%
5+ $477.1K$482K
+1.0%

Summary: Summers Corner housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Neighborhoods

Legends Oaks Plantation
+6.5%
East Edisto
-4.6%
Summers Corner
-5.2%

Housing Supply in Summers Corner, SC

How many homes are available in Summers Corner, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2628+7.7%

Summary: The Summers Corner real estate market had 28 homes for sale in December 2024, a 7.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 910
+11.1%
4 1210
-16.7%
5+ 47
+75.0%

Summary: The Summers Corner housing inventory by bedroom type for December 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 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Summers Corner, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Summers Corner in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Summers Corner, 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 2 Days Ago

Newest Listings in Summers Corner, SC

Nearby Markets to Summers Corner, SC