Is Pelzer, 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, Pelzer has remained a Seller's Market.
Key Takeaway
Pelzer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pelzer, SC
How much do homes in Pelzer, SC cost?
Median Sold Price
$279,800
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pelzer have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Pelzer was $279,800 in April 2024, up 3.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $185K | +5.7% |
| 3 Bedrooms | $271.5K | $260.9K | -3.9% |
| 4 Bedrooms | $282K | $354.9K | +25.9% |
| 5+ Bedrooms | $639.9K | $630K | -1.5% |
Summary: Pelzer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Cities
| Williamston | $240K | $260.9K | +8.7% |
| Piedmont | $300K | $315K | +5.0% |
| Pelzer | $271.5K | $279.8K | +3.1% |
| Pelzer | $271.5K | $279.8K | +3.1% |
Housing Supply in Pelzer, SC
How many homes are available in Pelzer, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Summary: The Pelzer real estate market had 44 homes for sale in April 2024, a 6.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Pelzer housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pelzer, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Pelzer in April 2024, down by 35.7% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Pelzer, SC
How long does it take to sell a home in Pelzer, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 50 Days | +185.7% |
Summary: Homes in Pelzer had an average of 50 days on market in Apr 2024, up by 185.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pelzer are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Pelzer; 22% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
