Is Edisto Beach, 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, Edisto Beach has remained a Seller's Market.
Key Takeaway
Edisto Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edisto Beach, SC
How much do homes in Edisto Beach, SC cost?
Median Sold Price
$630,050
$464/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Edisto Beach have sold for 8.7% less than they did a year ago.
Summary: The median home sold price in Edisto Beach was $630,050 in March 2024, down 8.7% from last year, and the median price per square foot was $464.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.9K | $234K | +1.8% |
| 2 Bedrooms | $375K | $367.5K | -2.0% |
| 3 Bedrooms | $675K | $555.7K | -17.7% |
| 4 Bedrooms | $880K | $899K | +2.2% |
| 5+ Bedrooms | $1.0M | $1.4M | +34.2% |
Summary: Edisto Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 34.2%.
Median Sold Price Compared To Nearby Cities
| Edisto Island | $725.5K | $700K | -3.5% |
| Edisto Beach | $690K | $630K | -8.7% |
| Green Pond | $725K | $620K | -14.5% |
Housing Supply in Edisto Beach, SC
How many homes are available in Edisto Beach, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 44 | +29.4% |
Summary: The Edisto Beach real estate market had 44 homes for sale in March 2024, a 29.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Edisto Beach 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 increased by 57.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edisto Beach, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Edisto Beach in March 2024, up by 266.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.
Days on Market for Edisto Beach, SC
We’re sorry, we don't have information for this market at the moment
