Mountain Rest Housing Market Report January 2025Oconee County, South Carolina

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Housing Prices in Mountain Rest, SC

How much do homes in Mountain Rest, SC cost?

Housing Market Conditions

Is Mountain Rest, 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

Mountain Rest is a Seller's Market

Difference Since January 2024

Since last year, Mountain Rest has remained a Seller's Market.

Insight

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

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.
$400,000$249/SqFt
+$50,000
+14.3%

Based on all homes sold in the last 12 months

Insight

Homes in Mountain Rest have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Mountain Rest was $400,000 in January 2025, up 14.3% from last year, and the median price per square foot was $249.

Median Sold Price By City

Median Sold 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
Mountain Rest
+14.3%
Cashiers
+6.8%
Cashiers Township
+5.9%

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.
BedsJan 2024Jan 2025Change YoY
1$132.4K$400K
+202.0%
2$277K$282K
+1.8%
3$464.5K$376.3K
-19.0%
4$591.2K$742.5K
+25.6%
5$185K$630K
+240.5%

Summary: Mountain Rest housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +202.0%. The home price for 2 bedroom homes increased by +1.8%. The home price for 3 bedroom homes decreased by -19.0%. The home price for 4 bedroom homes increased by +25.6%. The home price for 5 bedroom homes increased by +240.5%.

Housing supply in Mountain Rest, SC

How many homes are available in Mountain Rest, 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
15Last MonthJan 2025
162 months agoDec 2024
-6.3 %
Change MoMDec – Jan

Summary: The Mountain Rest real estate market had 15 homes for sale in Jan 2025, a 6.3 % decrease compared to Dec 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
3Last MonthJan 2025
12 months agoDec 2024
+200.0 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
133
0.0%
276
-14.3%
355
0.0%
411
0.0%
500
0.0%

Summary: Mountain Rest housing inventory by bedroom type for January 2025, 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 remained the same. 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 Mountain Rest, 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 Price0 Home

Under Asking Price3 Homes

Insight

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

Summary: A total of 3 homes were sold or pending in Mountain Rest in January 2025, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Mountain Rest, SC

How long does it take to sell a home in Mountain Rest, SC?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Mountain Rest has remained consistent over time.

Summary: During January 2025, 3 homes were sold in Mountain Rest; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.
This Year1 year agoChange YoY
165 DaysThis YearJan 2025
73 Days1 year agoJan 2024
+124.5 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Mountain Rest had an average listing age of 165 days in Jan 2025, up by 124.5% compared to the previous year.

Newest Listings in Mountain Rest, SC

What homes are available in Mountain Rest, SC?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Western Upstate MLS, Georgia MLS, and Greater Greenville MLS for the period 02/01/2023 - 02/01/2025

© 2025 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX 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.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2025 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.