Is Georgetown County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Georgetown County was a Seller's Market.
Housing Prices in Georgetown County, SC
How much do homes in Georgetown County, SC cost?
Median Sold Price
$448,666
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Georgetown County was $448,666 in April 2024, up 21.3% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $224.9K | $345.5K | +53.6% |
2 Bedrooms | $245.5K | $305K | +24.2% |
3 Bedrooms | $345.1K | $409.3K | +18.6% |
4 Bedrooms | $550K | $647K | +17.6% |
5+ Bedrooms | $950K | $1.3M | +43.6% |
Summary: Georgetown County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.6%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 43.6%.
Median Sold Price Compared To Nearby Counties
Georgetown County | $369.7K | $448.6K | +21.3% |
Williamsburg County | $175K | $192K | +9.7% |
Berkeley County | $361.8K | $369.9K | +2.3% |
Horry County | $318.4K | $325K | +2.1% |
Marion County | $151.9K | $130.9K | -13.8% |
Housing Supply in Georgetown County, SC
How many homes are available in Georgetown County, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
450 | 465 | +3.3% |
Summary: The Georgetown County real estate market had 465 homes for sale in April 2024, a 3.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 16 | +33.3% |
2 Bedrooms | 58 | 69 | +19.0% |
3 Bedrooms | 231 | 224 | -3.0% |
4 Bedrooms | 111 | 115 | +3.6% |
5+ Bedrooms | 38 | 41 | +7.9% |
Summary: The Georgetown County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 7.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 73 | -19.8% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Georgetown County in April 2024, down by 19.8% month-over-month. Of the 73 sold homes, 68% were sold under asking, 22% were sold at asking, and 10% were sold over asking.
Days on Market for Georgetown County, SC
How long does it take to sell a home in Georgetown County, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
113 Days | 116 Days | +3.2% |
Summary: Homes in Georgetown County had an average of 116 days on market in Apr 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During April 2024, 73 homes were sold in Georgetown County; 1% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.