Is Campobello, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Campobello is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Campobello has remained a Seller's Market.

Key Takeaway

Campobello is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Campobello, SC

How much do homes in Campobello, SC cost?

Median Sold Price

$397,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$19,500(-4.7%)

Key Takeaway

Homes in Campobello have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Campobello was $397,000 in May 2024, down 4.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $130K$787.5K
+505.8%
2 $231K$270K
+16.9%
3 $355K$391.5K
+10.3%
4 $515K$525K
+1.9%
5+ $501K$600K
+19.8%

Summary: Campobello housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 505.8%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Cities

Fingerville
+48.2%
Landrum
+22.9%
Landrum
+18.2%
Gramling
+16.4%
Campobello
-4.7%

Housing Supply in Campobello, SC

How many homes are available in Campobello, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4042+5.0%

Summary: The Campobello real estate market had 42 homes for sale in May 2024, a 5.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2123
+9.5%
4 1112
+9.1%
5+ 43
-25.0%

Summary: The Campobello 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 remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campobello, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Campobello in May 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Campobello, SC

How long does it take to sell a home in Campobello, SC?

Average Sale Time

May 2023May 2024CHANGE
2 Days64 Days+2300.0%

Summary: Homes in Campobello had an average of 64 days on market in May 2024, up by 2300% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Campobello are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 11 homes were sold in Campobello; 36% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% 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 2 Days Ago

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