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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tamassee is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tamassee has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Tamassee, SC

How much do homes in Tamassee, SC cost?

Median Sold Price

$700,000

$280/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$240,000(+52.2%)

Key Takeaway

Homes in Tamassee have sold for 52.2% more than they did a month ago.

Summary: The median home sold price in Tamassee was $700,000 in November 2024, up 52.2% from last month, and the median price per square foot was $280.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $620K-
N/A
3 $300K$425K
+41.7%
4 -$975K
N/A
5+ --
N/A

Summary: Tamassee housing prices by bedroom type for November 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 41.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tamassee, SC

How many homes are available in Tamassee, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
76-14.3%

Summary: The Tamassee real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Tamassee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tamassee, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Days on Market for Tamassee, SC

How long does it take to sell a home in Tamassee, SC?

Average Sale Time

Oct 2024Nov 2024CHANGE
158 Days58 Days-63.4%

Summary: Homes in Tamassee had an average of 58 days on market in Nov 2024, down by 63.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tamassee are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Tamassee; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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MLS Disclaimers and Copyright

Based on information from Western Upstate MLS, and Greater Greenville MLS for the period 10/01/2024 - 12/01/2024

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2024 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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