Is Kiawah Island-Seabrook Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kiawah Island-Seabrook Island has remained a Seller's Market.
Key Takeaway
Kiawah Island-Seabrook Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kiawah Island-Seabrook Island, SC
How much do homes in Kiawah Island-Seabrook Island, SC cost?
Median Sold Price
$1,061,000
$603/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kiawah Island-Seabrook Island have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Kiawah Island-Seabrook Island was $1,061,000 in April 2024, up 11.3% from last year, and the median price per square foot was $603.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $454.5K | $489K | +7.6% |
| 2 Bedrooms | $690K | $663K | -3.9% |
| 3 Bedrooms | $1.1M | $1.1M | +3.7% |
| 4 Bedrooms | $1.9M | $1.9M | -0.6% |
| 5+ Bedrooms | $2.2M | $2.7M | +22.7% |
Summary: Kiawah Island-Seabrook Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Cities
| Kiawah Island-Seabrook Island | $953.5K | $1.0M | +11.3% |
| Wadmalaw Island | $868K | $948.5K | +9.3% |
| Seabrook Island | $807.5K | $817.2K | +1.2% |
| Kiawah Island | $1.4M | $1.3M | -9.6% |
Housing Supply in Kiawah Island-Seabrook Island, SC
How many homes are available in Kiawah Island-Seabrook Island, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 144 | 157 | +9.0% |
Summary: The Kiawah Island-Seabrook Island real estate market had 157 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 20 | -4.8% |
| 2 Bedrooms | 37 | 39 | +5.4% |
| 3 Bedrooms | 32 | 38 | +18.8% |
| 4 Bedrooms | 29 | 35 | +20.7% |
| 5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Kiawah Island-Seabrook Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kiawah Island-Seabrook Island, you may be able to get a good deal. 82.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Kiawah Island-Seabrook Island in April 2024, up by 12.0% month-over-month. Of the 28 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Kiawah Island-Seabrook Island, SC
We’re sorry, we don't have information for this market at the moment
