Is Beaufort-Port Royal, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaufort-Port Royal is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Beaufort-Port Royal has remained a Seller's Market.

Key Takeaway

Beaufort-Port Royal is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaufort-Port Royal, SC

How much do homes in Beaufort-Port Royal, SC cost?

Median Sold Price

$445,000

$234/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$195,000(+78.0%)

Key Takeaway

Homes in Beaufort-Port Royal have sold for 78% more than they did a month ago.

Summary: The median home sold price in Beaufort-Port Royal was $445,000 in April 2024, up 78% from last month, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $124.9K$955K
+664.6%
3 $350K$365K
+4.3%
4 $515K-
N/A
5+ $400-
N/A

Summary: Beaufort-Port Royal housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 664.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Beaufort-Port Royal
+78.0%
Beaufort
+46.4%

Housing Supply in Beaufort-Port Royal, SC

How many homes are available in Beaufort-Port Royal, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2321-8.7%

Summary: The Beaufort-Port Royal real estate market had 21 homes for sale in April 2024, a 8.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1416
+14.3%
4 42
-50.0%
5+ 10
-100.0%

Summary: The Beaufort-Port Royal housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaufort-Port Royal, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Beaufort-Port Royal in April 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Beaufort-Port Royal, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Beaufort-Port Royal, SC

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