Is Mc Connells, 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, Mc Connells has remained a Seller's Market.
Key Takeaway
Mc Connells is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Connells, SC
How much do homes in Mc Connells, SC cost?
Median Sold Price
$386,500
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mc Connells have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Mc Connells was $386,500 in May 2024, up 7.3% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $240K | $465K | +93.8% |
| 3 Bedrooms | $344.7K | $330K | -4.3% |
| 4 Bedrooms | $483.4K | $375K | -22.4% |
| 5+ Bedrooms | $700K | $658K | -6.0% |
Summary: Mc Connells 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 93.8%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 22.4%, and 5+ bedroom homes decreased by 6%.
Housing Supply in Mc Connells, SC
How many homes are available in Mc Connells, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Mc Connells real estate market had 3 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mc Connells 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Connells, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mc Connells in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Connells, SC
How long does it take to sell a home in Mc Connells, SC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 11 Days | -24.1% |
Summary: Homes in Mc Connells had an average of 11 days on market in May 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mc Connells are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Mc Connells; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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