Is Edisto Beach, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Edisto Beach has remained a Seller's Market.
Key Takeaway
Edisto Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edisto Beach, SC
How much do homes in Edisto Beach, SC cost?
Median Sold Price
$723,000
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Edisto Beach have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Edisto Beach was $723,000 in May 2024, up 7.1% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.5K | $217.5K | -7.2% |
| 2 Bedrooms | $375K | $399K | +6.4% |
| 3 Bedrooms | $675K | $575K | -14.8% |
| 4 Bedrooms | $885K | $906.2K | +2.4% |
| 5+ Bedrooms | $1.2M | $1.4M | +21.7% |
Summary: Edisto Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 21.7%.
Median Sold Price Compared To Nearby Cities
| Green Pond | $670K | $783.5K | +16.9% |
| Edisto Island | $704.5K | $810K | +15.0% |
| Edisto Beach | $675K | $723K | +7.1% |
Housing Supply in Edisto Beach, SC
How many homes are available in Edisto Beach, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 40 | +8.1% |
Summary: The Edisto Beach real estate market had 40 homes for sale in May 2024, a 8.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Edisto Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edisto Beach, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Edisto Beach in May 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.
Days on Market for Edisto Beach, SC
We’re sorry, we don't have information for this market at the moment
