$6,827 Closing Credit*
$574,900
533 SqFt
1 Bed
•1 Full Bath
Listing Office: Brand Name Real Estate
Is Cannonborough / Elliottborough, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cannonborough / Elliottborough was a Seller's Market.
Key Takeaway
Cannonborough / Elliottborough is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cannonborough / Elliottborough, SC
How much do homes in Cannonborough / Elliottborough, SC cost?
Median Sold Price
$1,002,500
$640/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,500(+5.5%)
Key Takeaway
Homes in Cannonborough / Elliottborough have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Cannonborough / Elliottborough was $1,002,500 in October 2024, up 5.5% from last year, and the median price per square foot was $640.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259K | $440K | +69.9% |
| 2 Bedrooms | $650.5K | $739K | +13.6% |
| 3 Bedrooms | $1.1M | $1.0M | -7.9% |
| 4 Bedrooms | $962.5K | $1.1M | +16.9% |
| 5+ Bedrooms | $2.6M | $1.7M | -33.4% |
Summary: Cannonborough / Elliottborough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 33.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Radcliffeborough | $900K | $1.1M | +25.6% |
| Eastside | $700K | $807.5K | +15.4% |
| The Peninsula | $875K | $1.0M | +14.3% |
| Westside | $790K | $850K | +7.6% |
| Cannonborough / Elliottborough | $950K | $1.0M | +5.5% |
Housing Supply in Cannonborough / Elliottborough, SC
How many homes are available in Cannonborough / Elliottborough, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Summary: The Cannonborough / Elliottborough real estate market had 62 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Cannonborough / Elliottborough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cannonborough / Elliottborough, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Cannonborough / Elliottborough in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cannonborough / Elliottborough, SC
We’re sorry, we don't have information for this market at the moment
