Lake City-Scranton Housing Market Report December 2024Florence County, South Carolina

hero building illustration for mobile

Housing Prices in Lake City-Scranton, SC

How much do homes in Lake City-Scranton, SC cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$190,000$113/SqFt
-$11,500
-5.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Lake City-Scranton has decreased by 5.7% since last year.

Summary: The median home list price in Lake City-Scranton was $190,000 in December 2024, down 5.7% from the previous year, and the median price per square foot was $113.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lake City
0.0%
Lake City-Scranton
-5.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2--
N/A
3$189.4K$152K
-19.8%
4$274.9K$299.9K
+9.1%
5-$2.5M
N/A

Summary: Lake City-Scranton housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -19.8%. The home price for 4 bedroom homes increased by +9.1%. The home price for 5 bedroom homes did not change.

Housing supply in Lake City-Scranton, SC

How many homes are available in Lake City-Scranton, SC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
14Last MonthDec 2024
152 months agoNov 2024
-6.7 %
Change MoMNov – Dec

Summary: The Lake City-Scranton real estate market had 14 homes for sale in Dec 2024, a 6.7 % decrease compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
387
-12.5%
466
0.0%
511
0.0%

Summary: Lake City-Scranton housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Lake City-Scranton, SC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Lake City-Scranton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lake City-Scranton in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and and 50% were sold over asking.

Days on Market for Lake City-Scranton, SC

How long does it take to sell a home in Lake City-Scranton, SC?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days2 Homes

Insight

Most homes in Lake City-Scranton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 2 homes were sold in Lake City-Scranton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
172 DaysThis YearDec 2024
187 Days1 year agoDec 2023
-8.2 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Lake City-Scranton had an average listing age of 172 days in Dec 2024, down by 8.2% compared to the previous year.

Newest Listings in Lake City-Scranton, SC

What homes are available in Lake City-Scranton, SC?

Nearby markets

Nearby markets aren't available for Lake City-Scranton, SC

MLS Disclaimers and Copyright

Based on information from Coastal Carolinas MLS, and Consolidated Multiple Listing Service Inc. for the period 01/01/2023 - 01/01/2025

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Consolidated Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright© 2025 Consolidated Multiple Listing Service (CMLS). All Rights Reserved.

Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Consolidated MLS®. This information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a consumer may be interested in purchasing. This web site may reference real estate listing(s) held by a brokerage firm other than Consolidated Multiple Listing Service. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate is prohibited.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.