Is Oakway, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oakway has remained a Seller's Market.
Housing Prices in Oakway, SC
How much do homes in Oakway, SC cost?
Median Sold Price
$368,500
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oakway was $368,500 in April 2024, down 4.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $168.9K | $92.5K | -45.2% |
2 Bedrooms | $325K | $245K | -24.6% |
3 Bedrooms | $365K | $353K | -3.3% |
4 Bedrooms | $530K | $580K | +9.4% |
5+ Bedrooms | $737.4K | $1.0M | +40.2% |
Summary: Oakway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.2%, 2 bedroom homes decreased by 24.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 40.2%.
Median Sold Price Compared To Nearby Cities
Rock Creek | $265K | $385K | +45.3% |
Seneca | $299.9K | $334.3K | +11.5% |
Fair Play | $560K | $570K | +1.8% |
Oakway | $385K | $368.5K | -4.3% |
Townville | $541.9K | $510K | -5.9% |
Housing Supply in Oakway, SC
How many homes are available in Oakway, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 109 | +13.5% |
Summary: The Oakway real estate market had 109 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 39 | 42 | +7.7% |
4 Bedrooms | 27 | 32 | +18.5% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Oakway housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 26 | +116.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Oakway in April 2024, up by 116.7% month-over-month. Of the 25 sold homes, 52% were sold under asking, 32% were sold at asking, and 16% were sold over asking.
Days on Market for Oakway, SC
How long does it take to sell a home in Oakway, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 89 Days | +28.0% |
Summary: Homes in Oakway had an average of 89 days on market in Apr 2024, up by 28% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Oakway; 12% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.