Socastee, SC

Buyer's market-2.0% YoY

Housing market overview · Updated weekly

$290,250median sale price

Homes sold

28

Last 12 weeks

Days on market

116

Average pace

Active listings

201

7.2 months supply

Sale-to-list

99.4%

Below asking

The Socastee housing market is currently classified as a buyer's market with a median sale price of $290,250. Prices have fallen 2.0% compared to last year, with homes spending an average of 116 days on market, indicating 7.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Socastee

There are currently 201 homes listed for sale in Socastee, South Carolina. The median listing price is $320K.

Active listings

201

Homes on market

Median list price

$320K

Avg. days on market

116

Days until sale

New this week

51

Newly listed

Price drops:21.4%of listings
Sale-to-list:99.4%

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Frequently asked questions

What is the average home price in Socastee?

The median home sale price in Socastee is $290,250, down 2.0% from last year.

How long do homes stay on market in Socastee?

Homes typically spend 116 days on market before going under contract.

Is Socastee a buyer's or seller's market?

With 7.2 months of supply, Socastee is currently a buyer's market.

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