Is Green Pond, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Green Pond has remained a Seller's Market.
Key Takeaway
Green Pond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Pond, SC
How much do homes in Green Pond, SC cost?
Median Sold Price
$783,500
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Green Pond have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Green Pond was $783,500 in May 2024, up 16.9% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.5K | $217.5K | -7.2% |
| 2 Bedrooms | $375K | $399K | +6.4% |
| 3 Bedrooms | $682.5K | $587K | -14.0% |
| 4 Bedrooms | $799K | $976.2K | +22.2% |
| 5+ Bedrooms | $1.0M | $1.4M | +43.8% |
Summary: Green Pond housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 43.8%.
Median Sold Price Compared To Nearby Cities
| Green Pond | $670K | $783.5K | +16.9% |
| Edisto Island | $704.5K | $810K | +15.0% |
| Ravenel-Hollywood | $620K | $659.9K | +6.4% |
Housing Supply in Green Pond, SC
How many homes are available in Green Pond, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 51 | 55 | +7.8% |
Summary: The Green Pond real estate market had 55 homes for sale in May 2024, a 7.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Green Pond housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Pond, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Green Pond in May 2024, up by 66.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for Green Pond, SC
We’re sorry, we don't have information for this market at the moment
