Is West Union, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Union is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Union was a Seller's Market.

Key Takeaway

West Union is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Union, SC

How much do homes in West Union, SC cost?

Median Sold Price

$393,500

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,500(-0.4%)

Key Takeaway

The sold price of homes in West Union has remained the same since last year.

Summary: The median home sold price in West Union was $393,500 in October 2024, down 0.4% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $296.5K$294K
-0.8%
3 $398.1K$330K
-17.1%
4 $850K$636.3K
-25.1%
5+ $1.2M$1.8M
+53.2%

Summary: West Union 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 0.8%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 25.1%, and 5+ bedroom homes increased by 53.2%.

Median Sold Price Compared To Nearby Cities

Walhalla
+1.9%
West Union
-0.4%

Housing Supply in West Union, SC

How many homes are available in West Union, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4041+2.5%

Summary: The West Union real estate market had 41 homes for sale in October 2024, a 2.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1617
+6.3%
3 1110
-9.1%
4 811
+37.5%
5+ 53
-40.0%

Summary: The West Union 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 6.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Union, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in West Union in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for West Union, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
95 Days65 Days-31.3%

Summary: Homes in West Union had an average of 65 days on market in Oct 2024, down by 31.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Union has remained consistent over time.

Summary: During October 2024, 5 homes were sold in West Union; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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

Newest Listings in West Union, SC

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