Is The Peninsula, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Peninsula has remained a Seller's Market.
Key Takeaway
The Peninsula is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Peninsula, SC
How much do homes in The Peninsula, SC cost?
Median Sold Price
$906,466
$600/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Peninsula have sold for 12% more than they did a year ago.
Summary: The median home sold price in The Peninsula was $906,466 in April 2024, up 12% from last year, and the median price per square foot was $600.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | $478K | +5.1% |
| 2 Bedrooms | $640K | $797K | +24.5% |
| 3 Bedrooms | $840K | $957.4K | +14.0% |
| 4 Bedrooms | $1.1M | $1.2M | +6.1% |
| 5+ Bedrooms | $1.9M | $1.8M | -9.5% |
Summary: The Peninsula housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Westside | $583.5K | $806.2K | +38.2% |
| The Peninsula | $809K | $906.4K | +12.0% |
| Cannonborough / Elliottborough | $940K | $1.0M | +6.6% |
Housing Supply in The Peninsula, SC
How many homes are available in The Peninsula, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 312 | 346 | +10.9% |
Summary: The The Peninsula real estate market had 346 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 35 | +20.7% |
| 2 Bedrooms | 89 | 93 | +4.5% |
| 3 Bedrooms | 90 | 87 | -3.3% |
| 4 Bedrooms | 52 | 62 | +19.2% |
| 5+ Bedrooms | 52 | 69 | +32.7% |
Summary: The The Peninsula housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 32.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 65 | +38.3% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Peninsula, you may be able to get a good deal. 64.6% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in The Peninsula in April 2024, up by 38.3% month-over-month. Of the 65 sold homes, 65% were sold under asking, 28% were sold at asking, and 8% were sold over asking.
Days on Market for The Peninsula, SC
We’re sorry, we don't have information for this market at the moment
