Is Berkeley County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Berkeley County has remained a Seller's Market.
Housing Prices in Berkeley County, SC
How much do homes in Berkeley County, SC cost?
Median Sold Price
$368,523
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Berkeley County was $368,523 in February 2024, up 2.1% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $330K | +15.8% |
2 Bedrooms | $255K | $275K | +7.8% |
3 Bedrooms | $320.8K | $322.3K | 0.5% |
4 Bedrooms | $389.6K | $395.6K | +1.6% |
5+ Bedrooms | $469.9K | $510.1K | +8.5% |
Summary: Berkeley County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Counties
Clarendon County | $299.9K | $328.2K | +9.4% |
Charleston County | $537.7K | $576.1K | +7.1% |
Berkeley County | $360.8K | $368.5K | +2.1% |
Dorchester County | $375K | $375.1K | 0.0% |
Housing Supply in Berkeley County, SC
How many homes are available in Berkeley County, SC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1,016 | 1,169 | +15.1% |
Summary: The Berkeley County real estate market had 1,169 homes for sale in February 2024, a 15.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 104 | 129 | +24.0% |
3 Bedrooms | 404 | 455 | +12.6% |
4 Bedrooms | 338 | 386 | +14.2% |
5+ Bedrooms | 163 | 190 | +16.6% |
Summary: The Berkeley County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 16.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
172 | 235 | +36.6% |
Asking Price vs. Sold Price
98 Homes Were Sold
Under Asking
72 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 235 homes were sold or pending in Berkeley County in February 2024, up by 36.6% month-over-month. Of the 235 sold homes, 42% were sold under asking, 31% were sold at asking, and 28% were sold over asking.
Days on Market for Berkeley County, SC
We’re sorry, we don't have information for this market at the moment