Conway, SC

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Historic River Town | August 2026
Prepared by Joe Foster, REALTOR®

Conway has tipped toward buyers. Inventory climbed sharply, homes are taking longer to sell, and buyers have more choices across the area.

Median sold price: $310,000
Homes for sale: 1,031
Housing supply: 6.74 months
Median selling time: 61 days
Sold-to-list price: 98.1%
New listings: 281

The median sold price was almost unchanged from May and exactly even with one year earlier. Meanwhile, completed sales fell 11.1%, and active inventory jumped 20.7%. New listings fell 8.2%, suggesting that homes are building up because buyers are absorbing them more slowly. 

In plain terms:

➡️ Buyers have more choices
➡️ Sellers face heavier competition
➡️ Most homes are selling below asking price
➡️ Conway’s market is moving at a slower river-town pace

Conway ended June with 1,031 active listings, compared with 193 completed sales during the month. Housing supply rose to 6.74 months, up 32.7% from May and 35.6% from one year earlier. That places Conway in buyer-market territory.

Active listings had been on the market for a median of 71 days, while the homes that actually sold had a median market time of 61 days. Properly priced and well-presented homes can still sell, but listings that miss the mark may face longer waits and stronger competition. 

Thinking of selling?
Pricing needs to reflect the homes buyers can choose from today—not last year’s market or the price of a neighbor’s unsold listing. Condition, photography, flood considerations, insurance costs, system ages, new-construction competition, and overall presentation can all affect how buyers compare your property.

Thinking of buying?
Higher inventory gives you more time to compare homes, neighborhoods, commute routes, property conditions, and total monthly costs. Some sellers may be open to price negotiations, repairs, closing-cost assistance, or other reasonable terms—especially when a home has been available for a while.

Watching values?
The median estimated property value was $300,170, up 0.2% for the month and 1.4% over the past year. That estimate is produced by an automated valuation model and is not an appraisal. Individual results can vary greatly among historic homes, newer subdivisions, townhomes, manufactured homes, acreage properties, and homes near the river or flood zones. 

August brings farmers markets, museum programs, community activities, and late-summer events throughout Conway. Conway Downtown Alive, the City of Conway, and the Conway Chamber of Commerce maintain current calendars for dates and details. 

Conway is not one single housing market. Historic downtown homes, newer subdivisions, townhomes, manufactured homes, acreage properties, and communities along the Highway 501 and Highway 90 corridors can each come with different costs, risks, and buyer demand.

Joe Foster, REALTOR®
Century 21, Palms Realty

South Carolina License #134334 

📞 (843) 608-1479
📧 mail@joefosterjr.com

This summary is for informational purposes only and is not an appraisal or guarantee of value.
Data is sourced from Realtors Property Resource® (RPR), MLS, and public records; information is not guaranteed.
Market statistics reflect all residential property types and may not include all transactions.
Market conditions can change rapidly and vary by property and location.
Equal Housing Opportunity.