How much do homes in Sullivan's Island, SC cost?

Median List Price

$3,195,000

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$745,000(+30.4%)

Key Takeaway

The list price of homes in Sullivan's Island has increased by 30.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $724.5K$772.5K+6.6%
2 $1.0M$1.4M+35.9%
3 $1.6M$1.5M-5.8%
4 $2.7M$3.2M+19.3%
5+ $2.6M$3.9M+50.8%

Median List Price Compared To Nearby Cities

Sullivan's Island
+30.4%
Isle of Palms
+28.1%
Mount Pleasant
+12.8%

How many homes are available in Sullivan's Island, SC?

Number of Homes For Sale

Jul 2021Aug 2021%
1922+15.8%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 000.0%
2 43-25.0%
3 110.0%
4 67+16.7%
5+ 811+37.5%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
227 Days110 Days-51.3%

Breakdown of Home Sale Times

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Key Takeaway

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About Sullivan's Island, SC

There are 22 homes are for sale in Sullivan's Island, SC real estate market. In August 2021 in Sullivan's Island, SC there were 15.8% more homes for sale than in July 2021. The median list price of listings available in August 2021 was $3,195,000, while the average time on the real estate market was 110 days. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 6.6%, prices of 2 bedrooms properties went up by 35.9%, the cost of 3 bedrooms properties went down by 5.8%, the cost of 4 bedrooms properties went up by 19.3%, prices of 5 bedrooms properties increased by 50.8%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 25%, the quantity of 3 bedrooms homes have not changed, the quantity of 4 bedrooms homes went up by 16.7%, the quantity of 5 bedrooms homes went up by 37.5%. While more than 1 listings in Sullivan's Island, SC in August 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

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