Is Mount Pisgah, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pisgah is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Mount Pisgah, SC

How much do homes in Mount Pisgah, SC cost?

Median Sold Price

$205,750

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$16,750(-7.5%)

Key Takeaway

Homes in Mount Pisgah have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in Mount Pisgah was $205,750 in May 2024, down 7.5% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$150K
N/A
2 $143.4K$182.5K
+27.2%
3 $249K$223.5K
-10.2%
4 $225K$343.5K
+52.7%
5+ --
N/A

Summary: Mount Pisgah 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 27.2%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 52.7%, and 5+ bedroom homes did not change.

Housing Supply in Mount Pisgah, SC

How many homes are available in Mount Pisgah, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87-12.5%

Summary: The Mount Pisgah real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Mount Pisgah 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pisgah, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mount Pisgah in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Pisgah, SC

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

Average Sale Time

May 2023May 2024CHANGE
3 Days36 Days+1116.7%

Summary: Homes in Mount Pisgah had an average of 36 days on market in May 2024, up by 1116.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Mount Pisgah; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 7 Days Ago

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