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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kiawah Island is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kiawah Island, SC

How much do homes in Kiawah Island, SC cost?

Median Sold Price

$1,566,250

$841/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$136,250(+9.5%)

Key Takeaway

Homes in Kiawah Island have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Kiawah Island was $1,566,250 in November 2024, up 9.5% from last year, and the median price per square foot was $841.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $470K$498.5K
+6.1%
2 $789.5K$815K
+3.2%
3 $1.2M$1.3M
+11.2%
4 $2.2M$2.4M
+5.5%
5+ $4.2M$3.0M
-28.3%

Summary: Kiawah Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 28.3%.

Median Sold Price Compared To Nearby Cities

James Island
+15.4%
Kiawah Island
+9.5%
Seabrook Island
+7.7%
Kiawah Island-Seabrook Island
+6.4%
Johns Island
+4.0%

Housing Supply in Kiawah Island, SC

How many homes are available in Kiawah Island, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5753-7.0%

Summary: The Kiawah Island real estate market had 53 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 78
+14.3%
2 1513
-13.3%
3 119
-18.2%
4 1214
+16.7%
5+ 129
-25.0%

Summary: The Kiawah Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kiawah Island, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Kiawah Island in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Kiawah 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 Kiawah Island, SC

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What housing markets are near Kiawah Island, SC?