Listing Office: Renew Real Estate
Lancaster County Housing Market Report December 2024•Lancaster County, South Carolina
Housing Prices in Lancaster County, SC
How much do homes in Lancaster County, SC cost?
Housing Market Conditions
Is Lancaster County, SC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lancaster County is a Seller's Market
Difference Since December 2023
Since last year, Lancaster County has remained a Seller's Market.
Lancaster County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Lancaster County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Lancaster County was $415,267 in December 2024, up 2.5% from last year, and the median price per square foot was $201.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Chester County | $218K | $225K | +3.2% |
Union County | $450.3K | $462.9K | +2.8% |
York County | $380.1K | $390.7K | +2.8% |
Lancaster County | $405.2K | $415.2K | +2.5% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $160K | $110K | -31.3% |
22 Bedrooms | $305.2K | $365K | +19.6% |
33 Bedrooms | $338.2K | $354.8K | +4.9% |
44 Bedrooms | $483.3K | $485K | 0.3% |
55+ Bedrooms | $610K | $660K | +8.2% |
Summary: Lancaster County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -31.3%. The home price for 2 bedroom homes increased by +19.6%. The home price for 3 bedroom homes increased by +4.9%. The home price for 4 bedroom homes increased by 0.3%. The home price for 5 bedroom homes increased by +8.2%.
Housing supply in Lancaster County, SC
How many homes are available in Lancaster County, SC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
505Last MonthDec 2024 | ||
4952 months agoNov 2024 | +2.0 % Change MoMNov – Dec |
Summary: The Lancaster County real estate market had 505 homes for sale in Dec 2024, a 2.0 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
103Last MonthDec 2024 | ||
982 months agoNov 2024 | +5.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 4 | +100.0% |
22 Bedrooms | 89 | 91 | +2.2% |
33 Bedrooms | 237 | 239 | +0.8% |
44 Bedrooms | 113 | 117 | +3.5% |
55+ Bedrooms | 54 | 54 | 0.0% |
Summary: Lancaster County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +2.2%. The inventory for 3 bedroom homes increased by +0.8%. The inventory for 4 bedroom homes increased by +3.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Lancaster County, SC cost?
Over Asking Price16 Homes
At Asking Price24 Homes
Under Asking Price63 Homes
If you're buying a home in Lancaster County, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.
Summary: A total of 103 homes were sold or pending in Lancaster County in December 2024, up by 5.1% month-over-month. Of the 103 sold homes, 61% were sold under asking, 23% were sold at asking, and and 16% were sold over asking.
Days on Market for Lancaster County, SC
How long does it take to sell a home in Lancaster County, SC?
Breakdown of Home Sale Times
Under 30 Days54 Homes
30 – 90 Days31 Homes
Over 90 Days17 Homes
Many homes in Lancaster County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 103 homes were sold in Lancaster County; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
46 DaysThis YearDec 2024 | ||
42 Days1 year agoDec 2023 | +9.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Lancaster County had an average listing age of 46 days in Dec 2024, up by 9.7% compared to the previous year.
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Newest Listings in Lancaster County, SC
What homes are available in Lancaster County, SC?
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Based on information from Canopy MLS, Consolidated Multiple Listing Service Inc., and CHS MLS for the period 01/01/2023 - 01/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 12:21:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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.
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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: 1/17/2025, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 12:21:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.