Is Little River, 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, Little River was a Seller's Market.
Key Takeaway
Little River 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 Little River, SC
How much do homes in Little River, SC cost?
Median Sold Price
$356,149
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Little River have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Little River was $356,149 in April 2024, up 3.2% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212K | $210.5K | -0.7% |
| 2 Bedrooms | $264.9K | $270K | +1.9% |
| 3 Bedrooms | $374.9K | $389K | +3.7% |
| 4 Bedrooms | $549.3K | $548K | -0.2% |
| 5+ Bedrooms | $807.5K | $753.5K | -6.7% |
Summary: Little River housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Longs | $289.8K | $299.9K | +3.5% |
| Little River | $345.1K | $356.1K | +3.2% |
| North Myrtle Beach | $381.6K | $383K | 0.4% |
Housing Supply in Little River, SC
How many homes are available in Little River, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,219 | 1,314 | +7.8% |
Summary: The Little River real estate market had 1,314 homes for sale in April 2024, a 7.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 123 | 128 | +4.1% |
| 2 Bedrooms | 375 | 389 | +3.7% |
| 3 Bedrooms | 504 | 572 | +13.5% |
| 4 Bedrooms | 147 | 150 | +2.0% |
| 5+ Bedrooms | 70 | 75 | +7.1% |
Summary: The Little River housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 191 | 198 | +3.7% |
Asking Price vs. Sold Price
167 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little River, you may be able to get a good deal. 84.3% of homes here sold below asking price last month.
Summary: A total of 198 homes were sold or pending in Little River in April 2024, up by 3.7% month-over-month. Of the 198 sold homes, 84% were sold under asking, 13% were sold at asking, and 3% were sold over asking.
Days on Market for Little River, SC
How long does it take to sell a home in Little River, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 106 Days | 106 Days | 0.3% |
Summary: Homes in Little River had an average of 106 days on market in Apr 2024, up by 0.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
102 Homes Were Sold
In 30 - 90 Days
90 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Little River has remained consistent over time.
Summary: During April 2024, 198 homes were sold in Little River; 3% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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