Is Edisto Beach, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Edisto Beach was a Seller's Market.
Key Takeaway
Edisto Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Edisto Beach, SC
How much do homes in Edisto Beach, SC cost?
Median Sold Price
$650,000
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Edisto Beach have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Edisto Beach was $650,000 in April 2024, down 7.7% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $234K | -0.4% |
| 2 Bedrooms | $375K | $370K | -1.3% |
| 3 Bedrooms | $675K | $555.7K | -17.7% |
| 4 Bedrooms | $877.5K | $899K | +2.5% |
| 5+ Bedrooms | $1.2M | $1.4M | +18.2% |
Summary: Edisto Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 18.2%.
Median Sold Price Compared To Nearby Cities
| Edisto Island | $725K | $723K | -0.3% |
| Green Pond | $690K | $685K | -0.7% |
| Edisto Beach | $704.5K | $650K | -7.7% |
Housing Supply in Edisto Beach, SC
How many homes are available in Edisto Beach, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 37 | -9.8% |
Summary: The Edisto Beach real estate market had 37 homes for sale in April 2024, a 9.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Edisto Beach 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edisto Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Edisto Beach in April 2024, down by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Edisto Beach, SC
We’re sorry, we don't have information for this market at the moment
