Is Berkeley County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Berkeley County has remained a Seller's Market.
Housing Prices in Berkeley County, SC
How much do homes in Berkeley County, SC cost?
Median Sold Price
$368,532
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Berkeley County was $368,532 in May 2024, up 1.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $286K | $337K | +17.8% |
2 Bedrooms | $260K | $288.2K | +10.9% |
3 Bedrooms | $323.8K | $324.9K | 0.4% |
4 Bedrooms | $390K | $395K | +1.3% |
5+ Bedrooms | $463K | $550K | +18.8% |
Summary: Berkeley County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Counties
Charleston County | $544.1K | $596.1K | +9.6% |
Williamsburg County | $179.5K | $192K | +7.0% |
Berkeley County | $363.9K | $368.5K | +1.3% |
Dorchester County | $379.2K | $378K | -0.3% |
Clarendon County | $328.5K | $307K | -6.5% |
Housing Supply in Berkeley County, SC
How many homes are available in Berkeley County, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,301 | 1,466 | +12.7% |
Summary: The Berkeley County real estate market had 1,466 homes for sale in May 2024, a 12.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 135 | 145 | +7.4% |
3 Bedrooms | 560 | 640 | +14.3% |
4 Bedrooms | 413 | 479 | +16.0% |
5+ Bedrooms | 185 | 193 | +4.3% |
Summary: The Berkeley County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
260 | 285 | +9.6% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
114 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 285 homes were sold or pending in Berkeley County in May 2024, up by 9.6% month-over-month. Of the 285 sold homes, 37% were sold under asking, 40% were sold at asking, and 23% 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