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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colleton County is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Colleton County was a Seller's Market.

Key Takeaway

Colleton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Colleton County, SC

How much do homes in Colleton County, SC cost?

Median Sold Price

$350,833

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$39,883(+12.8%)

Key Takeaway

Homes in Colleton County have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Colleton County was $350,833 in April 2024, up 12.8% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $229.9K$242K
+5.2%
2 $303.3K$300.5K
-0.9%
3 $259.5K$300K
+15.6%
4 $553.9K$723K
+30.5%
5+ $797.2K$1.3M
+71.5%

Summary: Colleton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 71.5%.

Median Sold Price Compared To Nearby Counties

Colleton County
+12.8%
Dorchester County
-0.1%

Housing Supply in Colleton County, SC

How many homes are available in Colleton County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
149166+11.4%

Summary: The Colleton County real estate market had 166 homes for sale in April 2024, a 11.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 2525
0.0%
3 7491
+23.0%
4 3233
+3.1%
5+ 1514
-6.7%

Summary: The Colleton County 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 remained the same, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colleton County, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Colleton County in April 2024, down by 8.3% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.

Days on Market for Colleton 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 Colleton County, SC

Nearby Markets to Colleton County, SC

What housing markets are near Colleton County, SC?