Is James Island, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing James Island is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, James Island has remained a Seller's Market.

Key Takeaway

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

Housing Prices in James Island, SC

How much do homes in James Island, SC cost?

Median Sold Price

$567,166

$339/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$38,126(+7.2%)

Key Takeaway

Homes in James Island have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in James Island was $567,166 in April 2024, up 7.2% from last year, and the median price per square foot was $339.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $238.7K$240K
0.5%
2 $333K$372.5K
+11.9%
3 $535K$555K
+3.7%
4 $679.6K$704K
+3.6%
5+ $899.9K$1.1M
+22.2%

Summary: James Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 22.2%.

Median Sold Price Compared To Nearby Cities

Charleston Central
+11.6%
Charleston
+11.2%
James Island
+7.2%
Folly Beach
+7.1%
Johns Island
+5.2%

Housing Supply in James Island, SC

How many homes are available in James Island, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
240293+22.1%

Summary: The James Island real estate market had 293 homes for sale in April 2024, a 22.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 77
0.0%
2 4954
+10.2%
3 100119
+19.0%
4 6279
+27.4%
5+ 2234
+54.5%

Summary: The James Island 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 increased by 10.2%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes increased by 54.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5449-9.3%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in James Island, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in James Island in April 2024, down by 9.3% month-over-month. Of the 49 sold homes, 61% were sold under asking, 22% were sold at asking, and 16% were sold over asking.

Days on Market for James Island, 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 14 Days Ago

Newest Listings in James Island, SC

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