Is Andrews, 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, Andrews has remained a Seller's Market.
Key Takeaway
Andrews is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Andrews, SC
How much do homes in Andrews, SC cost?
Median Sold Price
$220,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Andrews have sold for 39% more than they did a year ago.
Summary: The median home sold price in Andrews was $220,000 in May 2024, up 39% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $106.7K | $126.9K | +18.9% |
| 3 Bedrooms | $158.2K | $203.5K | +28.6% |
| 4 Bedrooms | $150K | $310K | +106.7% |
| 5+ Bedrooms | $240K | $410.9K | +71.2% |
Summary: Andrews 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 18.9%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 106.7%, and 5+ bedroom homes increased by 71.2%.
Median Sold Price Compared To Nearby Cities
| Andrews | $158.2K | $220K | +39.0% |
| Andrews | $156.2K | $203.2K | +30.1% |
Housing Supply in Andrews, SC
How many homes are available in Andrews, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The Andrews real estate market had 29 homes for sale in May 2024, a 20.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Andrews 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 increased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Andrews, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Andrews in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Andrews, SC
How long does it take to sell a home in Andrews, SC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 158 Days | 88 Days | -44.1% |
Summary: Homes in Andrews had an average of 88 days on market in May 2024, down by 44.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Andrews has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Andrews; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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