$9,797 Closing Credit*
$825,000
928 SqFt
1 Bed
•2 Full Baths
Listing Office: Seabrook Island Real Estate
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 October 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
$1,150,000
$617/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,375(+5.1%)
Key Takeaway
Homes in Kiawah Island-Seabrook Island have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Kiawah Island-Seabrook Island was $1,150,000 in October 2024, up 5.1% from last year, and the median price per square foot was $617.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $494.2K | +12.3% |
| 2 Bedrooms | $702.2K | $643.2K | -8.4% |
| 3 Bedrooms | $1.1M | $1.1M | -7.3% |
| 4 Bedrooms | $1.8M | $1.9M | +7.1% |
| 5+ Bedrooms | $3.3M | $2.7M | -19.1% |
Summary: Kiawah Island-Seabrook Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 19.1%.
Median Sold Price Compared To Nearby Cities
| Kiawah Island | $1.4M | $1.6M | +16.7% |
| Seabrook Island | $875K | $922.5K | +5.4% |
| Kiawah Island-Seabrook Island | $1.0M | $1.1M | +5.1% |
Housing Supply in Kiawah Island-Seabrook Island, SC
How many homes are available in Kiawah Island-Seabrook Island, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 | 162 | +15.7% |
Summary: The Kiawah Island-Seabrook Island real estate market had 162 homes for sale in October 2024, a 15.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 24 | +20.0% |
| 2 Bedrooms | 32 | 37 | +15.6% |
| 3 Bedrooms | 35 | 40 | +14.3% |
| 4 Bedrooms | 30 | 36 | +20.0% |
| 5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The Kiawah Island-Seabrook Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 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. 72.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Kiawah Island-Seabrook Island in October 2024, up by 63.6% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% 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
