Is Mount Pleasant, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pleasant is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mount Pleasant was a Seller's Market.

Key Takeaway

Mount Pleasant 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 Mount Pleasant, SC

How much do homes in Mount Pleasant, SC cost?

Median Sold Price

$862,879

$385/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$97,643(+12.8%)

Key Takeaway

Homes in Mount Pleasant have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Mount Pleasant was $862,879 in November 2024, up 12.8% from last year, and the median price per square foot was $385.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $295K$325K
+10.2%
2 $395K$422K
+6.8%
3 $615K$700K
+13.8%
4 $894.9K$1.0M
+16.8%
5+ $1.2M$1.4M
+20.1%

Summary: Mount Pleasant 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 6.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 20.1%.

Median Sold Price Compared To Nearby Cities

Charleston Central
+19.0%
Mount Pleasant
+12.8%
Wando
+11.1%
Charleston
+10.2%

Housing Supply in Mount Pleasant, SC

How many homes are available in Mount Pleasant, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
603629+4.3%

Summary: The Mount Pleasant real estate market had 629 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1711
-35.3%
2 6574
+13.8%
3 194211
+8.8%
4 202209
+3.5%
5+ 125124
-0.8%

Summary: The Mount Pleasant housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 35.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 0.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
116101-12.9%

Asking Price vs. Sold Price

71 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pleasant, you may be able to get a good deal. 70.3% of homes here sold below asking price last month.

Summary: A total of 101 homes were sold or pending in Mount Pleasant in November 2024, down by 12.9% month-over-month. Of the 101 sold homes, 70% were sold under asking, 17% were sold at asking, and 13% were sold over asking.

Days on Market for Mount Pleasant, 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 Mount Pleasant, SC

Nearby Markets to Mount Pleasant, SC

What housing markets are near Mount Pleasant, SC?