$7,125 Closing Credit*
$600,000
2,868 SqFt
4 Beds
•3 Full Baths
Listing Office: Keller Williams Realty Charleston West Ashley
Is Hanahan, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hanahan was a Seller's Market.
Key Takeaway
Hanahan 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 Hanahan, SC
How much do homes in Hanahan, SC cost?
Median Sold Price
$402,470
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,470(+1.9%)
Key Takeaway
Homes in Hanahan have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Hanahan was $402,470 in October 2024, up 1.9% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $166K | $166K | 0.0% |
| 2 Bedrooms | $250K | $252.5K | +1.0% |
| 3 Bedrooms | $375K | $383K | +2.1% |
| 4 Bedrooms | $485.5K | $450K | -7.3% |
| 5+ Bedrooms | $591.2K | $589.5K | -0.3% |
Summary: Hanahan housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 0.3%.
Median Sold Price Compared To Nearby Cities
| Goose Creek-Hanahan | $366.3K | $384.9K | +5.1% |
| Hanahan | $395K | $402.4K | +1.9% |
| Goose Creek | $330K | $333.9K | +1.2% |
| North Charleston | $334.9K | $338.6K | +1.1% |
Housing Supply in Hanahan, SC
How many homes are available in Hanahan, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 98 | +16.7% |
Summary: The Hanahan real estate market had 98 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 30 | 42 | +40.0% |
| 4 Bedrooms | 30 | 30 | 0.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Hanahan housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hanahan, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Hanahan in October 2024, up by 23.1% month-over-month. Of the 16 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for Hanahan, SC
We’re sorry, we don't have information for this market at the moment
