Is Beaufort, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaufort is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Beaufort has remained a Seller's Market.

Key Takeaway

Beaufort is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaufort, SC

How much do homes in Beaufort, SC cost?

Median Sold Price

$390,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$81,250(+26.3%)

Key Takeaway

Homes in Beaufort have sold for 26.3% more than they did a year ago.

Summary: The median home sold price in Beaufort was $390,000 in May 2024, up 26.3% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$337.4K
N/A
2 $174.5K$252K
+44.4%
3 $305K$384K
+25.9%
4 $358.5K$462.5K
+29.0%
5+ -$440K
N/A

Summary: Beaufort housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 29%, and 5+ bedroom homes did not change.

Housing Supply in Beaufort, SC

How many homes are available in Beaufort, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3433-2.9%

Summary: The Beaufort real estate market had 33 homes for sale in May 2024, a 2.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2221
-4.5%
4 78
+14.3%
5+ 11
0.0%

Summary: The Beaufort housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaufort, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Beaufort in May 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Beaufort, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Beaufort, SC

Nearby Markets to Beaufort, SC