Is Wescott Plantation, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wescott Plantation is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Wescott Plantation, SC

How much do homes in Wescott Plantation, SC cost?

Median Sold Price

$345,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,999(-2.3%)

Key Takeaway

Homes in Wescott Plantation have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Wescott Plantation was $345,000 in October 2024, down 2.3% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $289K$296K
+2.4%
3 $325K$320K
-1.5%
4 $378.7K$400K
+5.6%
5+ $440K$435K
-1.1%

Summary: Wescott Plantation 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 increased by 2.4%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 1.1%.

Housing Supply in Wescott Plantation, SC

How many homes are available in Wescott Plantation, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5654-3.6%

Summary: The Wescott Plantation real estate market had 54 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 2225
+13.6%
4 2522
-12.0%
5+ 85
-37.5%

Summary: The Wescott Plantation 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 100%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1318+38.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wescott Plantation, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Wescott Plantation in October 2024, up by 38.5% month-over-month. Of the 18 sold homes, 44% were sold under asking, 39% were sold at asking, and 17% were sold over asking.

Days on Market for Wescott Plantation, 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 20 Days Ago

Newest Listings in Wescott Plantation, SC

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