Is Mount Pleasant, 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, Mount Pleasant has remained a Seller's Market.
Housing Prices in Mount Pleasant, SC
How much do homes in Mount Pleasant, SC cost?
Median Sold Price
$801,198
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mount Pleasant was $801,198 in March 2024, up 9% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $278.5K | $307.5K | +10.4% |
2 Bedrooms | $367K | $409.9K | +11.7% |
3 Bedrooms | $599.9K | $639.1K | +6.5% |
4 Bedrooms | $850K | $949.9K | +11.8% |
5+ Bedrooms | $1.1M | $1.3M | +11.0% |
Summary: Mount Pleasant housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
Wando | $582K | $708.5K | +21.7% |
Charleston | $492.7K | $538.9K | +9.4% |
Mount Pleasant | $735.2K | $801.1K | +9.0% |
Charleston Central | $833.4K | $894K | +7.3% |
Sullivan's Island | $4.7M | $2.9M | -39.3% |
Housing Supply in Mount Pleasant, SC
How many homes are available in Mount Pleasant, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
496 | 581 | +17.1% |
Summary: The Mount Pleasant real estate market had 581 homes for sale in March 2024, a 17.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 53 | 61 | +15.1% |
3 Bedrooms | 157 | 168 | +7.0% |
4 Bedrooms | 169 | 217 | +28.4% |
5+ Bedrooms | 107 | 125 | +16.8% |
Summary: The Mount Pleasant 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 15.1%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes increased by 16.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
126 | 132 | +4.8% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 132 homes were sold or pending in Mount Pleasant in March 2024, up by 4.8% month-over-month. Of the 132 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% were sold over asking.
Days on Market for Mount Pleasant, SC
We’re sorry, we don't have information for this market at the moment