Is Dorchester County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dorchester County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

+$813(+0.2%)

Key Takeaway

The sold price of homes in Dorchester County has remained the same since last year.

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

# BEDSMar 2023Mar 2024CHANGE
1 $164.9K$178.9K
+8.5%
2 $296.9K$291.3K
-1.9%
3 $334.9K$335.5K
0.2%
4 $395.1K$401.2K
+1.6%
5+ $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
+7.0%
Colleton County
+6.2%
Berkeley County
+1.2%
Orangeburg County
+0.8%
Dorchester County
0.2%

Housing Supply in Dorchester County, SC

How many homes are available in Dorchester County, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,2701,398+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

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 114110
-3.5%
3 534579
+8.4%
4 464521
+12.3%
5+ 158186
+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 2024Mar 2024CHANGE
260299+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dorchester County, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.

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

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

Report Updated 23 Days Ago

Newest Listings in Dorchester County, SC

Nearby Markets to Dorchester County, SC

What housing markets are near Dorchester County, SC?