Is Dorchester County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dorchester County has remained a Seller's Market.
Housing Prices in Dorchester County, SC
How much do homes in Dorchester County, SC cost?
Median Sold Price
$377,465
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dorchester County was $377,465 in March 2024, up 0.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164.9K | $178.9K | +8.5% |
2 Bedrooms | $296.9K | $291.3K | -1.9% |
3 Bedrooms | $334.9K | $335.5K | 0.2% |
4 Bedrooms | $395.1K | $401.2K | +1.6% |
5+ Bedrooms | $461.4K | $470.1K | +1.9% |
Summary: Dorchester County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Counties
Charleston County | $540.9K | $578.6K | +7.0% |
Colleton County | $317.1K | $336.6K | +6.2% |
Berkeley County | $362.7K | $367.3K | +1.2% |
Orangeburg County | $258K | $260K | +0.8% |
Dorchester County | $376.6K | $377.4K | 0.2% |
Housing Supply in Dorchester County, SC
How many homes are available in Dorchester County, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,270 | 1,398 | +10.1% |
Summary: The Dorchester County real estate market had 1,398 homes for sale in March 2024, a 10.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 114 | 110 | -3.5% |
3 Bedrooms | 534 | 579 | +8.4% |
4 Bedrooms | 464 | 521 | +12.3% |
5+ Bedrooms | 158 | 186 | +17.7% |
Summary: The Dorchester County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
260 | 299 | +15.0% |
Asking Price vs. Sold Price
127 Homes Were Sold
Under Asking
103 Homes Were Sold
At Asking
69 Homes Were Sold
Over Asking
Summary: A total of 299 homes were sold or pending in Dorchester County in March 2024, up by 15.0% month-over-month. Of the 299 sold homes, 42% were sold under asking, 34% were sold at asking, and 23% were sold over asking.
Days on Market for Dorchester County, SC
We’re sorry, we don't have information for this market at the moment