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 March 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

$379,500

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$107,000(+39.3%)

Key Takeaway

Homes in Beaufort have sold for 39.3% more than they did a year ago.

Summary: The median home sold price in Beaufort was $379,500 in March 2024, up 39.3% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$337.4K
N/A
2 $204K$145K
-28.9%
3 $275K$365K
+32.7%
4 -$515K
N/A
5+ -$440K
N/A

Summary: Beaufort housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.9%, 3 bedroom homes increased by 32.7%, 4 bedroom homes did not change, 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

Feb 2024Mar 2024CHANGE
3738+2.7%

Summary: The Beaufort real estate market had 38 homes for sale in March 2024, a 2.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 45
+25.0%
3 1920
+5.3%
4 1111
0.0%
5+ 22
0.0%

Summary: The Beaufort housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaufort, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Beaufort in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 22 Days Ago

Newest Listings in Beaufort, SC

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