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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Kiawah Island 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 Kiawah Island, SC

How much do homes in Kiawah Island, SC cost?

Median Sold Price

$1,660,000

$834/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$237,500(+16.7%)

Key Takeaway

Homes in Kiawah Island have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Kiawah Island was $1,660,000 in October 2024, up 16.7% from last year, and the median price per square foot was $834.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $470K$498.5K
+6.1%
2 $799K$807.5K
+1.1%
3 $1.4M$1.3M
-7.3%
4 $2.2M$2.4M
+9.1%
5+ $4.2M$3.2M
-21.7%

Summary: Kiawah Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 21.7%.

Median Sold Price Compared To Nearby Cities

Kiawah Island
+16.7%
James Island
+15.2%
Seabrook Island
+5.4%
Kiawah Island-Seabrook Island
+5.1%
Johns Island
+1.1%

Housing Supply in Kiawah Island, SC

How many homes are available in Kiawah Island, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5358+9.4%

Summary: The Kiawah Island real estate market had 58 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 87
-12.5%
2 1516
+6.7%
3 1011
+10.0%
4 912
+33.3%
5+ 1112
+9.1%

Summary: The Kiawah Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Kiawah Island in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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 18 Days Ago

Newest Listings in Kiawah Island, SC

Nearby Markets to Kiawah Island, SC

What housing markets are near Kiawah Island, SC?