Comprehensive market data and analysis
We're showing South Carolina County statistics below to give you a broader market picture. As more transactions occur in Sardinia, South Carolina, we'll update with specific local data.
12.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Sardinia, South Carolina | ||||||
The median price for land in the South Carolina area is currently $43K per acre. For a typical parcel, the median sale price is $100K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $530K.
the South Carolina area is currently a strong buyer's market with 12.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 4.8% year-over-year.
the South Carolina area currently has 12.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in the South Carolina area typically sells within 126 days of listing. The median time on market is 71 days. Properties are moving slowly in the current strong buyer's market.
Land in the South Carolina area averages $4.8M per acre. The median price per acre is $43K, which may be more representative of typical transactions. Most parcels sold are around 1.3 acres.
The 3-month absorption rate in the South Carolina area is 8.0%. The 12-month rate is 9.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in the South Carolina area stands at $100K. This translates to roughly $43K per acre for the typical parcel size. The average price is $248K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
