Is Berkeley County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berkeley County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Berkeley County has remained a Seller's Market.

Key Takeaway

Berkeley County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Berkeley County, SC

How much do homes in Berkeley County, SC cost?

Median Sold Price

$369,945

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,144(+2.3%)

Key Takeaway

Homes in Berkeley County have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Berkeley County was $369,945 in April 2024, up 2.3% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $286K$337K
+17.8%
2 $255K$290K
+13.7%
3 $324.1K$325K
0.2%
4 $389.6K$398K
+2.2%
5+ $465K$556.5K
+19.7%

Summary: Berkeley County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 19.7%.

Median Sold Price Compared To Nearby Counties

Williamsburg County
+9.7%
Charleston County
+9.0%
Berkeley County
+2.3%
Dorchester County
-0.1%

Housing Supply in Berkeley County, SC

How many homes are available in Berkeley County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,2071,323+9.6%

Summary: The Berkeley County real estate market had 1,323 homes for sale in April 2024, a 9.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 98
-11.1%
2 143149
+4.2%
3 488557
+14.1%
4 395419
+6.1%
5+ 172190
+10.5%

Summary: The Berkeley County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
253260+2.8%

Asking Price vs. Sold Price

131 Homes Were Sold
Under Asking

84 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berkeley County, you may be able to get a good deal. 50.4% of homes here sold below asking price last month.

Summary: A total of 260 homes were sold or pending in Berkeley County in April 2024, up by 2.8% month-over-month. Of the 260 sold homes, 50% were sold under asking, 32% were sold at asking, and 17% were sold over asking.

Days on Market for Berkeley County, 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 3 Days Ago

Newest Listings in Berkeley County, SC

Nearby Markets to Berkeley County, SC

What housing markets are near Berkeley County, SC?