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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wando is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Wando, SC

How much do homes in Wando, SC cost?

Median Sold Price

$720,704

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,017(+11.1%)

Key Takeaway

Homes in Wando have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Wando was $720,704 in November 2024, up 11.1% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $330K$342.5K
+3.8%
2 $439.9K$529.4K
+20.3%
3 $538.4K$573.3K
+6.5%
4 $751.7K$830K
+10.4%
5+ $1.6M$1.8M
+14.1%

Summary: Wando housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+12.8%
Wando
+11.1%
Huger
+5.9%
Goose Creek-Hanahan
+5.1%
North Charleston
+2.0%

Housing Supply in Wando, SC

How many homes are available in Wando, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
241244+1.2%

Summary: The Wando real estate market had 244 homes for sale in November 2024, a 1.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 77
0.0%
2 3030
0.0%
3 7267
-6.9%
4 8093
+16.3%
5+ 5247
-9.6%

Summary: The Wando 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 remained the same, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 9.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4751+8.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wando, you may be able to get a good deal. 54.9% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Wando in November 2024, up by 8.5% month-over-month. Of the 51 sold homes, 55% were sold under asking, 37% were sold at asking, and 8% were sold over asking.

Days on Market for Wando, 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 19 Days Ago

Newest Listings in Wando, SC

Nearby Markets to Wando, SC

What housing markets are near Wando, SC?