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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belton is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Belton has remained a Seller's Market.

Key Takeaway

Belton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belton, SC

How much do homes in Belton, SC cost?

Median Sold Price

$246,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$23,500(+10.6%)

Key Takeaway

Homes in Belton have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Belton was $246,000 in May 2024, up 10.6% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $350K-
N/A
2 $155K$160K
+3.2%
3 $216.3K$240K
+10.9%
4 $349K$410K
+17.5%
5+ $539.9K$501.8K
-7.1%

Summary: Belton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 7.1%.

Housing Supply in Belton, SC

How many homes are available in Belton, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8893+5.7%

Summary: The Belton real estate market had 93 homes for sale in May 2024, a 5.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 88
0.0%
3 4549
+8.9%
4 2621
-19.2%
5+ 915
+66.7%

Summary: The Belton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2920-31.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belton, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Belton in May 2024, down by 31.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 25% were sold at asking, and 10% were sold over asking.

Days on Market for Belton, SC

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

Average Sale Time

May 2023May 2024CHANGE
95 Days46 Days-51.4%

Summary: Homes in Belton had an average of 46 days on market in May 2024, down by 51.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Belton has remained consistent over time.

Summary: During May 2024, 20 homes were sold in Belton; 15% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% 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 1 Day Ago

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