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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodruff is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Woodruff was a Buyer's Market.

Key Takeaway

Woodruff is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Woodruff, SC

How much do homes in Woodruff, SC cost?

Median Sold Price

$291,499

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,400(-2.8%)

Key Takeaway

Homes in Woodruff have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Woodruff was $291,499 in October 2024, down 2.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K-
N/A
2 $134.9K$161.5K
+19.7%
3 $275K$269.9K
-1.8%
4 $339.3K$319.9K
-5.7%
5+ $339.9K$318.9K
-6.2%

Summary: Woodruff 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 19.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 6.2%.

Housing Supply in Woodruff, SC

How many homes are available in Woodruff, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
196181-7.7%

Summary: The Woodruff real estate market had 181 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 5655
-1.8%
4 9990
-9.1%
5+ 2724
-11.1%

Summary: The Woodruff 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 decreased by 14.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4427-38.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodruff, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Woodruff in October 2024, down by 38.6% month-over-month. Of the 26 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.

Days on Market for Woodruff, SC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
73 Days44 Days-40.0%

Summary: Homes in Woodruff had an average of 44 days on market in Oct 2024, down by 40% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodruff are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in Woodruff; 22% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% 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

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