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 September 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

$392,315

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$21,058(-5.1%)

Key Takeaway

Homes in Summers Corner have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Summers Corner was $392,315 in September 2024, down 5.1% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $412.5K$307.6K
-25.4%
3 $390.6K$367.2K
-6.0%
4 $416.6K$412.5K
-1.0%
5+ $470.7K$482K
+2.4%

Summary: Summers Corner housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.4%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Neighborhoods

Legends Oaks Plantation
+13.0%
East Edisto
-4.5%
Summers Corner
-5.1%

Housing Supply in Summers Corner, SC

How many homes are available in Summers Corner, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5243-17.3%

Summary: The Summers Corner real estate market had 43 homes for sale in September 2024, a 17.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2821
-25.0%
4 1716
-5.9%
5+ 76
-14.3%

Summary: The Summers Corner housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1915-21.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Summers Corner in September 2024, down by 21.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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 Sep 1, 2024

Newest Listings in Summers Corner, SC

Nearby Markets to Summers Corner, SC