Is Seabrook Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Seabrook Island has remained a Seller's Market.
Key Takeaway
Seabrook Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seabrook Island, SC
How much do homes in Seabrook Island, SC cost?
Median Sold Price
$817,250
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Seabrook Island have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Seabrook Island was $817,250 in April 2024, up 1.2% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $430K | $410K | -4.7% |
| 2 Bedrooms | $650.5K | $614.5K | -5.5% |
| 3 Bedrooms | $985K | $1.0M | +11.5% |
| 4 Bedrooms | $1.4M | $1.6M | +10.6% |
| 5+ Bedrooms | $1.4M | $2.3M | +58.6% |
Summary: Seabrook Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 58.6%.
Median Sold Price Compared To Nearby Cities
| Kiawah Island-Seabrook Island | $953.5K | $1.0M | +11.3% |
| Wadmalaw Island | $868K | $948.5K | +9.3% |
| Seabrook Island | $807.5K | $817.2K | +1.2% |
| Kiawah Island | $1.4M | $1.3M | -9.6% |
Housing Supply in Seabrook Island, SC
How many homes are available in Seabrook Island, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 83 | 96 | +15.7% |
Summary: The Seabrook Island real estate market had 96 homes for sale in April 2024, a 15.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 24 | 27 | +12.5% |
| 3 Bedrooms | 18 | 23 | +27.8% |
| 4 Bedrooms | 21 | 24 | +14.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Seabrook Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 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. 82.4% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Seabrook Island in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% 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
