Ravenel, SC

Buyer's market+2.1% YoY

Housing market overview · Updated weekly

$393,575median sale price

Homes sold

10

Last 12 weeks

Days on market

93

Average pace

Active listings

58

5.8 months supply

Sale-to-list

98.5%

Below asking

The Ravenel housing market is currently classified as a buyer's market with a median sale price of $393,575. Prices have risen 2.1% compared to last year, with homes spending an average of 93 days on market, indicating 5.8 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 Ravenel

There are currently 58 homes listed for sale in Ravenel, South Carolina. The median listing price is $396K.

Active listings

58

Homes on market

Median list price

$396K

Avg. days on market

93

Days until sale

New this week

31

Newly listed

Price drops:15.5%of listings
Sale-to-list:98.5%

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Frequently asked questions

What is the average home price in Ravenel?

The median home sale price in Ravenel is $393,575, up 2.1% from last year.

How long do homes stay on market in Ravenel?

Homes typically spend 93 days on market before going under contract.

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

With 5.8 months of supply, Ravenel is currently a buyer's market.

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