Is James Island, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing James Island is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, James Island has remained a Seller's Market.

Key Takeaway

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

Housing Prices in James Island, SC

How much do homes in James Island, SC cost?

Median Sold Price

$590,055

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$59,755(+11.3%)

Key Takeaway

Homes in James Island have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in James Island was $590,055 in June 2024, up 11.3% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $230K$243.5K
+5.9%
2 $340K$385K
+13.2%
3 $535K$580K
+8.4%
4 $660K$768K
+16.4%
5+ $897.8K$1.1M
+23.9%

Summary: James Island housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 23.9%.

Median Sold Price Compared To Nearby Cities

Charleston
+11.4%
James Island
+11.3%
Charleston Central
+11.2%
Johns Island
+1.3%
Folly Beach
-4.8%

Housing Supply in James Island, SC

How many homes are available in James Island, SC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
298312+4.7%

Summary: The James Island real estate market had 312 homes for sale in June 2024, a 4.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 89
+12.5%
2 5347
-11.3%
3 122137
+12.3%
4 8085
+6.3%
5+ 3534
-2.9%

Summary: The James Island housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
68680.0%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in James Island, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 68 homes were sold or pending in James Island in June 2024, the same as the previous month. Of the 68 sold homes, 62% were sold under asking, 21% were sold at asking, and 18% were sold over asking.

Days on Market for James Island, 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 26 Days Ago

Newest Listings in James Island, SC

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