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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edisto Beach is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Edisto Beach was a Seller's Market.

Key Takeaway

Edisto Beach 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 Edisto Beach, SC

How much do homes in Edisto Beach, SC cost?

Median Sold Price

$825,000

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$227,500(+38.1%)

Key Takeaway

Homes in Edisto Beach have sold for 38.1% more than they did a year ago.

Summary: The median home sold price in Edisto Beach was $825,000 in November 2024, up 38.1% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $224.9K$284.4K
+26.5%
2 $364.7K$404.5K
+10.9%
3 $572K$631.7K
+10.4%
4 $897K$1.1M
+30.3%
5+ $1.4M$2.0M
+44.6%

Summary: Edisto Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.5%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes increased by 44.6%.

Median Sold Price Compared To Nearby Cities

Green Pond
+41.7%
Edisto Beach
+38.1%
Edisto Island
+26.6%

Housing Supply in Edisto Beach, SC

How many homes are available in Edisto Beach, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4046+15.0%

Summary: The Edisto Beach real estate market had 46 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1111
0.0%
3 79
+28.6%
4 1418
+28.6%
5+ 66
0.0%

Summary: The Edisto Beach 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edisto Beach, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Edisto Beach in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Edisto Beach, 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 Edisto Beach, SC

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