Is West Union, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, West Union was a Seller's Market.
Housing Prices in West Union, SC
How much do homes in West Union, SC cost?
Median Sold Price
$407,399
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $274K | $320K | +16.8% |
3 Bedrooms | $305K | $404.7K | +32.7% |
4 Bedrooms | $439.5K | $654.5K | +48.9% |
5+ Bedrooms | $495K | $1.2M | +143.9% |
Summary: West Union 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 16.8%, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 48.9%, and 5+ bedroom homes increased by 143.9%.
Median Sold Price Compared To Nearby Cities
West Union | $300K | $407.3K | +35.8% |
Walhalla | $245K | $258.7K | +5.6% |
Housing Supply in West Union, SC
How many homes are available in West Union, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 55 | +14.6% |
Summary: The West Union real estate market had 55 homes for sale in May 2024, a 14.6% 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 | 21 | 22 | +4.8% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The West Union 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 4.8%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in West Union in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for West Union, SC
How long does it take to sell a home in West Union, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
147 Days | 167 Days | +13.9% |
Summary: Homes in West Union had an average of 167 days on market in May 2024, up by 13.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in West Union; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.