Is Iva, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Iva has remained a Seller's Market.
Housing Prices in Iva, SC
How much do homes in Iva, SC cost?
Median Sold Price
$199,500
-
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $103.7K | N/A |
2 Bedrooms | $64.5K | $197.5K | +206.2% |
3 Bedrooms | $208.5K | $196K | -6.0% |
4 Bedrooms | $681K | $217K | -68.1% |
5+ Bedrooms | $430K | - | N/A |
Summary: Iva 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 206.2%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 68.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Iva | $200.9K | $199.5K | -0.7% |
Iva | $220K | $197.7K | -10.1% |
Housing Supply in Iva, SC
How many homes are available in Iva, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The Iva real estate market had 27 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 17 | 14 | -17.6% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Iva 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 decreased by 17.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Iva in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Iva, SC
How long does it take to sell a home in Iva, SC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 95 Days | +275.2% |
Summary: Homes in Iva had an average of 95 days on market in May 2024, up by 275.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Iva; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.