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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johns Island is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Johns Island, SC

How much do homes in Johns Island, SC cost?

Median Sold Price

$649,123

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,315(+6.6%)

Key Takeaway

Homes in Johns Island have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Johns Island was $649,123 in March 2024, up 6.6% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $360K$442.5K
+22.9%
2 $626.7K$610K
-2.7%
3 $508.6K$570.6K
+12.2%
4 $678.9K$801K
+18.0%
5+ $731K$832K
+13.8%

Summary: Johns Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 13.8%.

Median Sold Price Compared To Nearby Cities

Kiawah Island-Seabrook Island
+13.7%
Johns Island
+6.6%
James Island
+3.8%
Wadmalaw Island
+1.4%
Kiawah Island
-17.2%

Housing Supply in Johns Island, SC

How many homes are available in Johns Island, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
346422+22.0%

Summary: The Johns Island real estate market had 422 homes for sale in March 2024, a 22.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2127
+28.6%
2 4048
+20.0%
3 132163
+23.5%
4 111122
+9.9%
5+ 4262
+47.6%

Summary: The Johns Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 47.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4992+87.8%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johns Island, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.

Summary: A total of 92 homes were sold or pending in Johns Island in March 2024, up by 87.8% month-over-month. Of the 92 sold homes, 54% were sold under asking, 26% were sold at asking, and 20% were sold over asking.

Days on Market for Johns 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 20 Days Ago

Newest Listings in Johns Island, SC

Nearby Markets to Johns Island, SC

What housing markets are near Johns Island, SC?