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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mount Pleasant has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Pleasant, SC

How much do homes in Mount Pleasant, SC cost?

Median Sold Price

$863,500

$383/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100,758(+13.2%)

Key Takeaway

Homes in Mount Pleasant have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Mount Pleasant was $863,500 in October 2024, up 13.2% from last year, and the median price per square foot was $383.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $286K$325K
+13.6%
2 $390K$420K
+7.7%
3 $611.1K$700.2K
+14.6%
4 $880K$1.0M
+18.7%
5+ $1.2M$1.4M
+20.6%

Summary: Mount Pleasant housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Cities

Charleston Central
+15.0%
Mount Pleasant
+13.2%
Charleston
+9.4%
Wando
+6.6%

Housing Supply in Mount Pleasant, SC

How many homes are available in Mount Pleasant, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
578645+11.6%

Summary: The Mount Pleasant real estate market had 645 homes for sale in October 2024, a 11.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1619
+18.8%
2 5570
+27.3%
3 168200
+19.0%
4 215223
+3.7%
5+ 124133
+7.3%

Summary: The Mount Pleasant housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 7.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
114113-0.9%

Asking Price vs. Sold Price

83 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

15 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. 73.5% of homes here sold below asking price last month.

Summary: A total of 113 homes were sold or pending in Mount Pleasant in October 2024, down by 0.9% month-over-month. Of the 113 sold homes, 73% were sold under asking, 13% 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 18 Days Ago

Newest Listings in Mount Pleasant, SC

Nearby Markets to Mount Pleasant, SC

What housing markets are near Mount Pleasant, SC?