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 October 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

$350,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$39,812(+12.8%)

Key Takeaway

Homes in Colleton County have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Colleton County was $350,000 in October 2024, up 12.8% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $224.9K$293.9K
+30.7%
2 $300K$302K
+0.7%
3 $275K$315K
+14.5%
4 $560K$850K
+51.8%
5+ $1.4M$1.3M
-4.6%

Summary: Colleton County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 51.8%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Counties

Colleton County
+12.8%
Dorchester County
+1.6%

Housing Supply in Colleton County, SC

How many homes are available in Colleton County, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
169182+7.7%

Summary: The Colleton County real estate market had 182 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 3031
+3.3%
3 8286
+4.9%
4 3642
+16.7%
5+ 1620
+25.0%

Summary: The Colleton County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2716-40.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Colleton County in October 2024, down by 40.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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 20 Days Ago

Newest Listings in Colleton County, SC

Nearby Markets to Colleton County, SC

What housing markets are near Colleton County, SC?