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 October 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

$699,172

$348/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,073(+6.6%)

Key Takeaway

Homes in Wando have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Wando was $699,172 in October 2024, up 6.6% from last year, and the median price per square foot was $348.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $330K$340K
+3.0%
2 $439.9K$542.5K
+23.3%
3 $550K$576.7K
+4.9%
4 $780K$770K
-1.3%
5+ $1.6M$1.8M
+10.3%

Summary: Wando housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+13.2%
Wando
+6.6%
Huger
+5.5%
Goose Creek-Hanahan
+5.1%
North Charleston
+1.1%

Housing Supply in Wando, SC

How many homes are available in Wando, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
238253+6.3%

Summary: The Wando real estate market had 253 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 2931
+6.9%
3 7477
+4.1%
4 7780
+3.9%
5+ 5258
+11.5%

Summary: The Wando housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 11.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4544-2.2%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

3 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. 70.5% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Wando in October 2024, down by 2.2% month-over-month. Of the 44 sold homes, 70% were sold under asking, 23% were sold at asking, and 7% 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 18 Days Ago

Newest Listings in Wando, SC

Nearby Markets to Wando, SC

What housing markets are near Wando, SC?