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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kiawah Island is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Kiawah Island, SC cost?

Median Sold Price

$1,055,000

$600/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$155,000(+17.2%)

Key Takeaway

Homes in Kiawah Island have sold for 17.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $336.2K$399.5K
+18.8%
2 $500K$701.5K
+40.3%
3 $727.5K$930.5K
+27.9%
4 $1.4M$1.8M
+28.9%
5+ $2.1M$2.1M
+1.4%

Median Sold Price Compared To Nearby Cities

Seabrook Island
+32.8%
Johns Island
+25.1%
Kiawah Island-Seabrook Island
+18.2%
Kiawah Island
+17.2%
James Island
+12.4%

How many homes are available in Kiawah Island, SC?

Number of Homes For Sale

Apr 2022May 2022%
3840+5.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 32
-33.3%
2 89
+12.5%
3 69
+50.0%
4 1112
+9.1%
5+ 108
-20.0%

Number of Homes Sold

Apr 2022May 2022%
129-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kiawah Island, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
62 Days9 Days-84.4%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kiawah 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 Kiawah Island, SC

Number of homes for sale in Kiawah Island, SC real estate market have reached 40. The number of listings in Kiawah Island, SC increased by 5.3% between April 2022 and May 2022. Listings spent 9 days on the market in May 2022, and had a median list price of $1,055,000 during the same period. Listing prices have changed in this real estate market between April 2022 and May 2022: prices of 1 bedroom properties went up by 18.8%, prices of 2 bedrooms properties went up by 40.3%, prices of 3 bedrooms properties went up by 27.9%, prices of 4 bedrooms properties went up by 28.9%, prices of 5 bedrooms properties went up by 1.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 33.3%, 2 bedrooms homes inventory increased by 12.5%, volume of 3 bedrooms homes went up by 50%, 4 bedrooms homes became 9.1% more available, number of 5 bedrooms homes decreased by 20%. In May 2022 more than 3 listings in Kiawah Island, SC were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 3 were sold below.

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