Is Carolina Forest, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Carolina Forest was a Seller's Market.
Key Takeaway
Carolina Forest is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Carolina Forest, SC
How much do homes in Carolina Forest, SC cost?
Median Sold Price
$338,293
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Carolina Forest have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Carolina Forest was $338,293 in April 2024, down 3.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $130K | 0.0% |
| 2 Bedrooms | $200.5K | $196K | -2.2% |
| 3 Bedrooms | $310K | $298.8K | -3.6% |
| 4 Bedrooms | $500K | $523K | +4.6% |
| 5+ Bedrooms | $675K | $735K | +8.9% |
Summary: Carolina Forest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Waterbridge | $630K | $635K | +0.8% |
| Carolina Forest | $350K | $338.2K | -3.3% |
| Brighton Lakes | $501.6K | $457.5K | -8.8% |
Housing Supply in Carolina Forest, SC
How many homes are available in Carolina Forest, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 401 | 440 | +9.7% |
Summary: The Carolina Forest real estate market had 440 homes for sale in April 2024, a 9.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 86 | 99 | +15.1% |
| 3 Bedrooms | 145 | 159 | +9.7% |
| 4 Bedrooms | 114 | 127 | +11.4% |
| 5+ Bedrooms | 48 | 47 | -2.1% |
Summary: The Carolina Forest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 2.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 64 | +14.3% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carolina Forest, you may be able to get a good deal. 78.1% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in Carolina Forest in April 2024, up by 14.3% month-over-month. Of the 64 sold homes, 78% were sold under asking, 16% were sold at asking, and 6% were sold over asking.
Days on Market for Carolina Forest, SC
How long does it take to sell a home in Carolina Forest, SC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 120 Days | 105 Days | -12.4% |
Summary: Homes in Carolina Forest had an average of 105 days on market in Apr 2024, down by 12.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Carolina Forest has remained consistent over time.
Summary: During April 2024, 64 homes were sold in Carolina Forest; 6% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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