Is Wando, 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, Wando has remained a Seller's Market.
Key Takeaway
Wando is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wando, SC
How much do homes in Wando, SC cost?
Median Sold Price
$690,205
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wando have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Wando was $690,205 in May 2024, up 7.8% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $296.7K | $345K | +16.3% |
| 2 Bedrooms | $415K | $482.7K | +16.3% |
| 3 Bedrooms | $530.5K | $567.6K | +7.0% |
| 4 Bedrooms | $763.8K | $749.3K | -1.9% |
| 5+ Bedrooms | $1.6M | $1.9M | +18.8% |
Summary: Wando housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Cities
| Mount Pleasant | $740.8K | $827.8K | +11.7% |
| Wando | $640.3K | $690.2K | +7.8% |
| North Charleston | $324.9K | $334.9K | +3.1% |
| Huger | $524K | $527.7K | +0.7% |
| Goose Creek-Hanahan | $373.4K | $374.4K | 0.3% |
Housing Supply in Wando, SC
How many homes are available in Wando, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 262 | 292 | +11.5% |
Summary: The Wando real estate market had 292 homes for sale in May 2024, a 11.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 51 | 55 | +7.8% |
| 3 Bedrooms | 87 | 104 | +19.5% |
| 4 Bedrooms | 73 | 81 | +11.0% |
| 5+ Bedrooms | 44 | 44 | 0.0% |
Summary: The Wando housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wando, you may be able to get a good deal. 35.8% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Wando in May 2024, the same as the previous month. Of the 53 sold homes, 36% were sold under asking, 36% were sold at asking, and 28% were sold over asking.
Days on Market for Wando, SC
We’re sorry, we don't have information for this market at the moment
