Is East Edisto, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Edisto is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, East Edisto has remained a Seller's Market.

Key Takeaway

East Edisto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Edisto, SC

How much do homes in East Edisto, SC cost?

Median Sold Price

$393,895

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$18,787(-4.6%)

Key Takeaway

Homes in East Edisto have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in East Edisto was $393,895 in December 2024, down 4.6% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $355.7K$307.6K
-13.5%
3 $390.6K$367.7K
-5.9%
4 $423.4K$419.9K
-0.8%
5+ $479K$506.5K
+5.7%

Summary: East Edisto housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Neighborhoods

Legends Oaks Plantation
+6.5%
East Edisto
-4.6%
Summers Corner
-5.2%

Housing Supply in East Edisto, SC

How many homes are available in East Edisto, SC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3738+2.7%

Summary: The East Edisto real estate market had 38 homes for sale in December 2024, a 2.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1313
0.0%
4 1816
-11.1%
5+ 58
+60.0%

Summary: The East Edisto housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

7 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 East Edisto, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in East Edisto in December 2024, up by 57.1% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.

Days on Market for East Edisto, 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 2 Days Ago

Newest Listings in East Edisto, SC

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