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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johns Island is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Johns Island has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Johns Island, SC

How much do homes in Johns Island, SC cost?

Median Sold Price

$645,087

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$23,479(+3.8%)

Key Takeaway

Homes in Johns Island have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Johns Island was $645,087 in May 2024, up 3.8% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $360K$412.5K
+14.6%
2 $628.4K$565K
-10.1%
3 $525.2K$578.5K
+10.1%
4 $695K$820K
+18.0%
5+ $685.4K$849.4K
+23.9%

Summary: Johns Island housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 23.9%.

Median Sold Price Compared To Nearby Cities

James Island
+10.3%
Johns Island
+3.8%
Kiawah Island-Seabrook Island
-0.3%
Kiawah Island
-9.6%

Housing Supply in Johns Island, SC

How many homes are available in Johns Island, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
427469+9.8%

Summary: The Johns Island real estate market had 469 homes for sale in May 2024, a 9.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 2018
-10.0%
2 5251
-1.9%
3 158174
+10.1%
4 131150
+14.5%
5+ 6676
+15.2%

Summary: The Johns Island housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 15.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
79101+27.8%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johns Island, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

Summary: A total of 101 homes were sold or pending in Johns Island in May 2024, up by 27.8% month-over-month. Of the 101 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for Johns 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 4 Days Ago

Newest Listings in Johns Island, SC

Nearby Markets to Johns Island, SC

What housing markets are near Johns Island, SC?