$899,000
0.50 Acres
Land
Listing Office: AgentOwned Realty Preferred Group
Is Kiawah Island-Seabrook Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Kiawah Island-Seabrook Island was a Seller's Market.
Key Takeaway
Kiawah Island-Seabrook Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kiawah Island-Seabrook Island, SC
How much do homes in Kiawah Island-Seabrook Island, SC cost?
Median Sold Price
$1,166,000
$621/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,333(+6.4%)
Key Takeaway
Homes in Kiawah Island-Seabrook Island have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Kiawah Island-Seabrook Island was $1,166,000 in November 2024, up 6.4% from last year, and the median price per square foot was $621.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $444.5K | $490K | +10.2% |
| 2 Bedrooms | $678K | $695K | +2.5% |
| 3 Bedrooms | $1.1M | $1.1M | -4.8% |
| 4 Bedrooms | $1.8M | $1.9M | +4.0% |
| 5+ Bedrooms | $3.4M | $2.6M | -22.3% |
Summary: Kiawah Island-Seabrook Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 22.3%.
Median Sold Price Compared To Nearby Cities
| Wadmalaw Island | $761.5K | $1.0M | +37.7% |
| Kiawah Island | $1.4M | $1.5M | +9.5% |
| Seabrook Island | $875K | $942.5K | +7.7% |
| Kiawah Island-Seabrook Island | $1.0M | $1.1M | +6.4% |
Housing Supply in Kiawah Island-Seabrook Island, SC
How many homes are available in Kiawah Island-Seabrook Island, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 156 | 155 | -0.6% |
Summary: The Kiawah Island-Seabrook Island real estate market had 155 homes for sale in November 2024, a 0.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 27 | +12.5% |
| 2 Bedrooms | 35 | 35 | 0.0% |
| 3 Bedrooms | 39 | 38 | -2.6% |
| 4 Bedrooms | 35 | 34 | -2.9% |
| 5+ Bedrooms | 23 | 21 | -8.7% |
Summary: The Kiawah Island-Seabrook Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kiawah Island-Seabrook Island, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Kiawah Island-Seabrook Island in November 2024, up by 5.0% month-over-month. Of the 21 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Kiawah Island-Seabrook Island, SC
We’re sorry, we don't have information for this market at the moment
