Is Edisto Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Edisto Island was a Seller's Market.
Housing Prices in Edisto Island, SC
How much do homes in Edisto Island, SC cost?
Median Sold Price
$723,000
$464/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Edisto Island was $723,000 in April 2024, down 0.3% from last year, and the median price per square foot was $464.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $234K | -0.4% |
2 Bedrooms | $375K | $399K | +6.4% |
3 Bedrooms | $725K | $580.7K | -19.9% |
4 Bedrooms | $799K | $902.6K | +13.0% |
5+ Bedrooms | $1.2M | $1.7M | +42.4% |
Summary: Edisto Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 42.4%.
Median Sold Price Compared To Nearby Cities
Kiawah Island-Seabrook Island | $953.5K | $1.0M | +11.3% |
Wadmalaw Island | $868K | $948.5K | +9.3% |
Edisto Island | $725K | $723K | -0.3% |
Green Pond | $690K | $685K | -0.7% |
Edisto Beach | $704.5K | $650K | -7.7% |
Housing Supply in Edisto Island, SC
How many homes are available in Edisto Island, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 56 | -3.4% |
Summary: The Edisto Island real estate market had 56 homes for sale in April 2024, a 3.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 13 | 10 | -23.1% |
3 Bedrooms | 14 | 19 | +35.7% |
4 Bedrooms | 20 | 18 | -10.0% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Edisto Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 35.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 9 | -47.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Edisto Island in April 2024, down by 47.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Edisto Island, SC
We’re sorry, we don't have information for this market at the moment