Is Daniel Island, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Daniel Island is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Daniel Island was a Seller's Market.

Key Takeaway

Daniel Island is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Daniel Island, SC

How much do homes in Daniel Island, SC cost?

Median Sold Price

$1,482,500

$533/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$227,500(+18.1%)

Key Takeaway

Homes in Daniel Island have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in Daniel Island was $1,482,500 in September 2024, up 18.1% from last year, and the median price per square foot was $533.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $323.5K$345K
+6.6%
2 $465K$750K
+61.3%
3 $858K$1.0M
+17.4%
4 $1.4M$1.8M
+26.7%
5+ $2.1M$2.3M
+8.1%

Summary: Daniel Island housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 61.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Neighborhoods

Daniel Island
+18.1%
Berkeley
+9.2%

Housing Supply in Daniel Island, SC

How many homes are available in Daniel Island, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
99106+7.1%

Summary: The Daniel Island real estate market had 106 homes for sale in September 2024, a 7.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 108
-20.0%
2 1517
+13.3%
3 2325
+8.7%
4 2224
+9.1%
5+ 2932
+10.3%

Summary: The Daniel Island housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2017-15.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Daniel Island, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Daniel Island in September 2024, down by 15.0% month-over-month. Of the 17 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.

Days on Market for Daniel Island, 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 30 Days Ago

Newest Listings in Daniel Island, SC

Nearby Markets to Daniel Island, SC