Market Intelligence Report — SC-860

Seneca, SC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-SC-09
As of the latest 2026 data
Cooling

Median Listing

$450K
+7.0% YoY

Pending Ratio

0.28
-4.6% YoY

Active Inventory

496
+14.4% YoY

Median DOM

85 Days
+25.0% YoY

Primary Intelligence Tool — Sold Score™

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The Seneca market is experiencing a cooling trend, with the pending ratio at 0.28, indicating sustained softness in buyer demand relative to available inventory. Active listings have expanded by 14.4% year-over-year, while the median listing price continues to appreciate at 7.0% annually, albeit with a recent monthly decline of 2.1%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Seneca market right now.

Inventory continues to expand, with active listings up 14.4% year-over-year and new listings increasing by 12.7% over the past year. Concurrently, demand absorption remains subdued, as evidenced by a pending ratio of 0.28, reflecting a year-over-year decline in this metric. Median listing price growth has decelerated month-over-month, registering a 2.1% decrease, while median days on market have extended by 25.0% annually, reaching 85 days.

Historical Analysis

Market Trends

Median Price

$450K-2.1% MoM

Active Inventory

496+14.4% YoY

Days on Market

85+25.0% YoY

Sold Score™

30-4.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

30
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage is shifting as inventory expands and market pace slows. The elevated median days on market (85 days) and a 25.7% share of price reductions suggest that properties are taking longer to transact, placing pressure on price discipline. Inventory levels are not currently supporting rapid absorption, leading to a more deliberate transaction environment.

Luxury Segment

The average listing price of $694,812 significantly exceeds the median listing price of $450,000, and the median $/sqft shows a slight annual decline of 0.9%, indicating some divergence in performance within the higher-priced segments.

Supply Dynamics

496 active listings represent the current floor, with new supply arriving at roughly 124 per month.

Pricing Pressure
25.7%

of active listings carry a price reduction, +6.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.9% year-over-year.

Absorption
0.28

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Seneca, SC? Homes here are taking 17 days longer to sell than last year.

Buyers have leverage in Seneca, SC. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
28%
Median Days on Market
85 days
Inventory YoY
+14%

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Metro Demographics

Metro Area
Seneca, SC
CBSA Code
42860
State
SC

ZIPs in Seneca, SC

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