Is Edisto Island, 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 Island has remained a Seller's Market.
Housing Prices in Edisto Island, SC
How much do homes in Edisto Island, SC cost?
Median Sold Price
$700,000
$464/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Edisto Island was $700,000 in March 2024, down 3.5% 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 | $235K | $234K | -0.4% |
2 Bedrooms | $375K | $390K | +4.0% |
3 Bedrooms | $725K | $582.5K | -19.7% |
4 Bedrooms | $837K | $899K | +7.4% |
5+ Bedrooms | $1.2M | $1.7M | +36.4% |
Summary: Edisto Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 36.4%.
Median Sold Price Compared To Nearby Cities
Kiawah Island-Seabrook Island | $958.5K | $1.0M | +13.7% |
Wadmalaw Island | $885K | $897.5K | +1.4% |
Edisto Island | $725.5K | $700K | -3.5% |
Edisto Beach | $690K | $630K | -8.7% |
Green Pond | $725K | $620K | -14.5% |
Housing Supply in Edisto Island, SC
How many homes are available in Edisto Island, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 62 | +26.5% |
Summary: The Edisto Island real estate market had 62 homes for sale in March 2024, a 26.5% 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 | 10 | 14 | +40.0% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Edisto Island 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 40%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 16 | +300.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Edisto Island in March 2024, up by 300.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 25% were sold at asking, and 19% were sold over asking.
Days on Market for Edisto Island, SC
We’re sorry, we don't have information for this market at the moment