Marion County Housing Market Report December 2024Marion County, South Carolina

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Housing Prices in Marion County, SC

How much do homes in Marion County, SC cost?

Housing Market Conditions

Is Marion County, SC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Marion County is a Neutral Market

Difference Since November 2024

Last month, Marion County was a Buyer's Market.

Insight

Marion County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$171,000$115/SqFt
+$44,000
+34.6%

Based on all homes sold in December 2024

Insight

Homes in Marion County have sold for 34.6% more than they did a month ago.

Summary: The median home sold price in Marion County was $171,000 in December 2024, up 34.6% from last month, and the median price per square foot was $115.

Median Sold Price By Bedrooms

Median Sold 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.
BedsNov 2024Dec 2024Change MoM
1-$250K
N/A
2$107K$165K
+54.2%
3$127K$143.5K
+13.0%
4--
N/A
5$268.9K-
N/A

Summary: Marion County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +54.2%. The home price for 3 bedroom homes increased by +13.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Marion County, SC

How many homes are available in Marion County, 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
56Last MonthDec 2024
552 months agoNov 2024
+1.8 %
Change MoMNov – Dec

Summary: The Marion County real estate market had 56 homes for sale in Dec 2024, a 1.8 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthDec 2024
52 months agoNov 2024
+60.0 %
Change MoMNov – Dec

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
122
0.0%
276
-14.3%
33234
+6.3%
41213
+8.3%
521
-50.0%

Summary: Marion County 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 decreased by -14.3%. The inventory for 3 bedroom homes increased by +6.3%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Marion County, 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 Price0 Home

At Asking Price3 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Marion County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Marion County in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and and 0% were sold over asking.

Days on Market for Marion County, SC

How long does it take to sell a home in Marion County, SC?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days5 Homes

Insight

Most homes in Marion County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 8 homes were sold in Marion County; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
114 DaysLast MonthDec 2024
192 Days1 month agoNov 2024
-40.3 %
Change MoMNov – Dec

Summary: Homes in Marion County had an average listing age of 114 days in Dec 2024, down by 40.3% compared to the previous month.

Newest Listings in Marion County, SC

What homes are available in Marion County, SC?

MLS Disclaimers and Copyright

Based on information from Coastal Carolinas MLS, Consolidated Multiple Listing Service Inc., and CHS MLS for the period 11/01/2024 - 01/01/2025

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Last updated on: 1/17/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
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, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.