Is Seabrook Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Seabrook Island was a Seller's Market.
Key Takeaway
Seabrook Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Seabrook Island, SC
How much do homes in Seabrook Island, SC cost?
Median Sold Price
$835,000
$547/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Seabrook Island have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Seabrook Island was $835,000 in June 2024, down 2.3% from last year, and the median price per square foot was $547.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $415K | $407.4K | -1.8% |
| 2 Bedrooms | $630K | $587.5K | -6.7% |
| 3 Bedrooms | $975K | $1.0M | +6.9% |
| 4 Bedrooms | $1.4M | $1.8M | +22.7% |
| 5+ Bedrooms | $1.4M | $2.3M | +58.6% |
Summary: Seabrook Island housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 58.6%.
Median Sold Price Compared To Nearby Cities
| Seabrook Island | $855K | $835K | -2.3% |
| Kiawah Island | $1.3M | $1.3M | -3.7% |
| Kiawah Island-Seabrook Island | $992.4K | $955K | -3.8% |
Housing Supply in Seabrook Island, SC
How many homes are available in Seabrook Island, SC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 87 | 74 | -14.9% |
Summary: The Seabrook Island real estate market had 74 homes for sale in June 2024, a 14.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 25 | 17 | -32.0% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Seabrook 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 23.8%, 3 bedroom homes decreased by 32%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 27 | 10 | -63.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seabrook Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Seabrook Island in June 2024, down by 63.0% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Seabrook Island, SC
We’re sorry, we don't have information for this market at the moment
