Is West Union, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Union is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$107,399(+35.8%)

Key Takeaway

Homes in West Union have sold for 35.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $274K$320K
+16.8%
3 $305K$404.7K
+32.7%
4 $439.5K$654.5K
+48.9%
5+ $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
+35.8%
Walhalla
+5.6%

Housing Supply in West Union, SC

How many homes are available in West Union, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4855+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2122
+4.8%
3 1013
+30.0%
4 1414
0.0%
5+ 36
+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 2024May 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Union, you may be able to get a good deal. 80% of homes here sold below asking price last month.

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 2023May 2024CHANGE
147 Days167 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Union has remained consistent over time.

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.

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 West Union, SC

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