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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing James Island is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

James Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in James Island, SC

How much do homes in James Island, SC cost?

Median Sold Price

$623,000

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$83,000(+15.4%)

Key Takeaway

Homes in James Island have sold for 15.4% more than they did a year ago.

Summary: The median home sold price in James Island was $623,000 in November 2024, up 15.4% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$235K
-4.1%
2 $365K$385K
+5.5%
3 $535K$619.7K
+15.8%
4 $686K$809K
+17.9%
5+ $862K$1.1M
+33.4%

Summary: James Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 33.4%.

Median Sold Price Compared To Nearby Cities

Charleston Central
+19.0%
James Island
+15.4%
Charleston
+10.2%
Folly Beach
+8.5%
Johns Island
+4.0%

Housing Supply in James Island, SC

How many homes are available in James Island, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
284279-1.8%

Summary: The James Island real estate market had 279 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 99
0.0%
2 4748
+2.1%
3 128129
+0.8%
4 8275
-8.5%
5+ 1818
0.0%

Summary: The James Island 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 increased by 2.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6236-41.9%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in James Island, you may be able to get a good deal. 69.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in James Island in November 2024, down by 41.9% month-over-month. Of the 36 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.

Days on Market for James 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 19 Days Ago

Newest Listings in James Island, SC

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