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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walterboro is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Walterboro was a Seller's Market.

Key Takeaway

Walterboro is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Walterboro, SC

How much do homes in Walterboro, SC cost?

Median Sold Price

$265,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$29,500(+12.5%)

Key Takeaway

Homes in Walterboro have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Walterboro was $265,000 in May 2024, up 12.5% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $179.7K$342.5K
+90.6%
2 $173.5K$178.9K
+3.1%
3 $222.4K$257.4K
+15.7%
4 $286K$369.9K
+29.3%
5+ $475.5K$292.5K
-38.5%

Summary: Walterboro housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90.6%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes decreased by 38.5%.

Median Sold Price Compared To Nearby Cities

Walterboro
+12.5%
Hendersonville
-0.7%

Housing Supply in Walterboro, SC

How many homes are available in Walterboro, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8185+4.9%

Summary: The Walterboro real estate market had 85 homes for sale in May 2024, a 4.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 5353
0.0%
4 1314
+7.7%
5+ 34
+33.3%

Summary: The Walterboro 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 increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walterboro, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Walterboro in May 2024, up by 40.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.

Days on Market for Walterboro, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Walterboro, SC

Nearby Markets to Walterboro, SC

What housing markets are near Walterboro, SC?