Socastee, SC Housing Market & Real Estate

Buyer's market-2.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Socastee, SC is $290,250, down 2.0% year-over-year. Homes sell in an average of 116 days with 201 active listings. The market is currently a buyer's market.

$290,250median sale price

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

Buyer's market7.2 months of supply116 avg. days on market

Socastee, SC is currently a buyer's market, based on 7.2 months of supply and homes selling in about 116 days. How we determine this →

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

Socastee, SC market data

Current housing market statistics for Socastee, SC
MetricValue
Median sale price$290,250
Median list price$320,000
Year-over-year price change-2.0%
Average days on market116 days
Active inventory201 listings
Months of supply7.2 months
Sale-to-list price ratio99.4%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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%

Explore nearby cities in SC

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.

Get Socastee market alerts

Weekly updates on prices, inventory, and trends. Free forever.