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 November 2021

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.

How much do homes in Johns Island, SC cost?

Median Sold Price

$499,980

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$99,551(+24.9%)

Key Takeaway

Homes in Johns Island have sold for 24.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $177.4K$230K
+29.6%
2 $250K$300.5K
+20.2%
3 $370K$465.1K
+25.7%
4 $460K$628K
+36.5%
5+ $541.8K$700K
+29.2%

Median Sold Price Compared To Nearby Cities

Kiawah Island
+31.0%
Johns Island
+24.9%
James Island
+23.5%
Kiawah Island-Seabrook Island
+17.6%

How many homes are available in Johns Island, SC?

Number of Homes For Sale

Oct 2022Nov 2022%
156153-1.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 14
+300.0%
2 98
-11.1%
3 6767
0.0%
4 6157
-6.6%
5+ 1817
-5.6%

Number of Homes Sold

Oct 2022Nov 2022%
4733-29.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johns Island, expect to pay close to the asking price. 51.5% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
14 Days19 Days+34.5%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Johns Island are selling fast, if you're buying plan to act quickly.

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

About Johns Island, SC

There are 153 homes are for sale in Johns Island, SC real estate market. Between October 2022 and November 2022, Johns Island, SC real estate market has seen decrease in the number of listings by 1.9%. Listings spent 19 days on the market in November 2022, and had a median list price of $499,980 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 29.6%, 2 bedrooms properties became 20.2% more expensive, prices of 3 bedrooms properties went up by 25.7%, prices of 4 bedrooms properties went up by 36.5%, the cost of 5 bedrooms properties went up by 29.2%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes increased by 300%, 2 bedrooms homes inventory decreased by 11.1%, 3 bedrooms homes did not move, the quantity of 4 bedrooms homes went down by 6.6%, volume of 5 bedrooms homes went down by 5.6%. Johns Island, SC housing market in November 2022 saw over 3 listings sold above listed price, more than 17 sold at listed price and over 13 sold below.

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