Is Van Wyck, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Wyck is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Van Wyck has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Van Wyck, SC

How much do homes in Van Wyck, SC cost?

Median Sold Price

$514,364

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,358(+2.9%)

Key Takeaway

Homes in Van Wyck have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Van Wyck was $514,364 in October 2024, up 2.9% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $430K$405K
-5.8%
3 $430K$454.9K
+5.8%
4 $520K$545K
+4.8%
5+ $653.5K$701K
+7.3%

Summary: Van Wyck housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Cities

Catawba
+15.6%
Waxhaw
+10.1%
Marvin
+3.3%
Van Wyck
+2.9%
Fort Mill
+2.8%

Housing Supply in Van Wyck, SC

How many homes are available in Van Wyck, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
286290+1.4%

Summary: The Van Wyck real estate market had 290 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 5255
+5.8%
3 108105
-2.8%
4 7482
+10.8%
5+ 5248
-7.7%

Summary: The Van Wyck 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 5.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6173+19.7%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Wyck, you may be able to get a good deal. 49.3% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in Van Wyck in October 2024, up by 19.7% month-over-month. Of the 73 sold homes, 49% were sold under asking, 34% were sold at asking, and 16% were sold over asking.

Days on Market for Van Wyck, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days31 Days+4.7%

Summary: Homes in Van Wyck had an average of 31 days on market in Oct 2024, up by 4.7% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 73 homes were sold in Van Wyck; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% 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 16 Days Ago

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