Is East Edisto, 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, East Edisto has remained a Seller's Market.
Key Takeaway
East Edisto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Edisto, SC
How much do homes in East Edisto, SC cost?
Median Sold Price
$420,792
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Edisto have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in East Edisto was $420,792 in March 2024, down 1.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $412.5K | $439K | +6.4% |
| 3 Bedrooms | $386.7K | $397.6K | +2.8% |
| 4 Bedrooms | $438.8K | $428K | -2.5% |
| 5+ Bedrooms | $460K | $479K | +4.1% |
Summary: East Edisto 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 increased by 6.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Legends Oaks Plantation | $415K | $471K | +13.5% |
| Summers Corner | $420.3K | $418.2K | -0.5% |
| East Edisto | $427.5K | $420.7K | -1.6% |
Housing Supply in East Edisto, SC
How many homes are available in East Edisto, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 57 | 67 | +17.5% |
Summary: The East Edisto real estate market had 67 homes for sale in March 2024, a 17.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 26 | 32 | +23.1% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The East Edisto housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 21 | +61.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Edisto, expect to pay close to the asking price. 47.6% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in East Edisto in March 2024, up by 61.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 48% were sold at asking, and 29% were sold over asking.
Days on Market for East Edisto, SC
We’re sorry, we don't have information for this market at the moment
