Is Six Mile, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Six Mile is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Six Mile has remained a Buyer's Market.

Key Takeaway

Six Mile is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Six Mile, SC

How much do homes in Six Mile, SC cost?

Median Sold Price

$397,500

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$82,400(+26.2%)

Key Takeaway

Homes in Six Mile have sold for 26.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $176K$245.5K
+39.5%
3 $247.5K$302K
+22.0%
4 $437.5K$700K
+60.0%
5+ $2.4M$3.2M
+35.4%

Summary: Six Mile 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 39.5%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 35.4%.

Housing Supply in Six Mile, SC

How many homes are available in Six Mile, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2734+25.9%

Summary: The Six Mile real estate market had 34 homes for sale in May 2024, a 25.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 35
+66.7%
4 1211
-8.3%
5+ 814
+75.0%

Summary: The Six Mile 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 66.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Six Mile, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Six Mile in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Six Mile, SC

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

Average Sale Time

May 2023May 2024CHANGE
54 Days61 Days+13.0%

Summary: Homes in Six Mile had an average of 61 days on market in May 2024, up by 13% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Six Mile has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Six Mile; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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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