Is Colleton County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colleton County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Colleton County was a Seller's Market.

Key Takeaway

Colleton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Colleton County, SC

How much do homes in Colleton County, SC cost?

Median Sold Price

$351,500

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,833(+15.8%)

Key Takeaway

Homes in Colleton County have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in Colleton County was $351,500 in November 2024, up 15.8% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $224.9K$286.4K
+27.4%
2 $297.5K$309K
+3.9%
3 $275K$303.5K
+10.4%
4 $492.5K$875K
+77.7%
5+ $1.4M$1.4M
+5.2%

Summary: Colleton County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 77.7%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Counties

Colleton County
+15.8%
Dorchester County
+2.7%

Housing Supply in Colleton County, SC

How many homes are available in Colleton County, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
166179+7.8%

Summary: The Colleton County real estate market had 179 homes for sale in November 2024, a 7.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 2729
+7.4%
3 7685
+11.8%
4 4243
+2.4%
5+ 1819
+5.6%

Summary: The Colleton County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colleton County, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Colleton County in November 2024, up by 25.0% month-over-month. Of the 20 sold homes, 90% were sold under asking, 5% were sold at asking, and 5% were sold over asking.

Days on Market for Colleton County, 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 21 Days Ago

Newest Listings in Colleton County, SC

Nearby Markets to Colleton County, SC

What housing markets are near Colleton County, SC?