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 November 2023

Since last year, West Union has remained a Buyer'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

$417,399

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,399(+21.0%)

Key Takeaway

Homes in West Union have sold for 21% more than they did a year ago.

Summary: The median home sold price in West Union was $417,399 in November 2024, up 21% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $298.2K$295K
-1.1%
3 $332.5K$359.5K
+8.1%
4 $850K$627.6K
-26.2%
5+ $1.2M$1.5M
+24.2%

Summary: West Union housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 26.2%, and 5+ bedroom homes increased by 24.2%.

Median Sold Price Compared To Nearby Cities

West Union
+21.0%
Walhalla
+5.0%

Housing Supply in West Union, SC

How many homes are available in West Union, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3843+13.2%

Summary: The West Union real estate market had 43 homes for sale in November 2024, a 13.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1618
+12.5%
3 812
+50.0%
4 109
-10.0%
5+ 44
0.0%

Summary: The West Union 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 increased by 12.5%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in West Union in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
94 Days85 Days-10.1%

Summary: Homes in West Union had an average of 85 days on market in Nov 2024, down by 10.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 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 November 2024, 4 homes were sold in West Union; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in West Union, SC

Nearby Markets to West Union, SC