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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Johns Island, SC

How much do homes in Johns Island, SC cost?

Median Sold Price

$648,921

$312/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,185(+1.1%)

Key Takeaway

Homes in Johns Island have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Johns Island was $648,921 in October 2024, up 1.1% from last year, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $415K$437.5K
+5.4%
2 $615.5K$565K
-8.2%
3 $560K$563.6K
+0.6%
4 $740K$807.4K
+9.1%
5+ $722K$970K
+34.3%

Summary: Johns Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 34.3%.

Median Sold Price Compared To Nearby Cities

Kiawah Island
+16.7%
James Island
+15.2%
Kiawah Island-Seabrook Island
+5.1%
Johns Island
+1.1%

Housing Supply in Johns Island, SC

How many homes are available in Johns Island, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
428472+10.3%

Summary: The Johns Island real estate market had 472 homes for sale in October 2024, a 10.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2226
+18.2%
2 4245
+7.1%
3 153167
+9.2%
4 145161
+11.0%
5+ 6673
+10.6%

Summary: The Johns Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 10.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6155-9.8%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 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. 65.5% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Johns Island in October 2024, down by 9.8% month-over-month. Of the 55 sold homes, 65% were sold under asking, 24% were sold at asking, and 11% 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 18 Days Ago

Newest Listings in Johns Island, SC

Nearby Markets to Johns Island, SC

What housing markets are near Johns Island, SC?