Is Edisto Beach, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edisto Beach is a seller's market

Buyer's
Market

Difference Since September 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

$758,500

$505/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$118,399(+18.5%)

Key Takeaway

Homes in Edisto Beach have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Edisto Beach was $758,500 in September 2024, up 18.5% from last year, and the median price per square foot was $505.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $224.9K$297K
+32.1%
2 $367.5K$437.4K
+19.0%
3 $597.5K$631.7K
+5.7%
4 $900.6K$1.0M
+19.6%
5+ $1.3M$1.8M
+33.6%

Summary: Edisto Beach housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 33.6%.

Median Sold Price Compared To Nearby Cities

Green Pond
+30.6%
Edisto Beach
+18.5%
Edisto Island
+14.8%

Housing Supply in Edisto Beach, SC

How many homes are available in Edisto Beach, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3739+5.4%

Summary: The Edisto Beach real estate market had 39 homes for sale in September 2024, a 5.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 44
0.0%
2 78
+14.3%
3 87
-12.5%
4 1415
+7.1%
5+ 45
+25.0%

Summary: The Edisto Beach housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edisto Beach, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Edisto Beach in September 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% 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

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

Report Updated 30 Days Ago

Newest Listings in Edisto Beach, SC

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