$9,797 Closing Credit*
$825,000
928 SqFt
1 Bed
•2 Full Baths
Listing Office: Seabrook Island Real Estate
Is 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, Seabrook Island was a Seller's Market.
Key Takeaway
Seabrook Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Seabrook Island, SC
How much do homes in Seabrook Island, SC cost?
Median Sold Price
$922,500
$547/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+5.4%)
Key Takeaway
Homes in Seabrook Island have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Seabrook Island was $922,500 in October 2024, up 5.4% from last year, and the median price per square foot was $547.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $437.5K | +21.5% |
| 2 Bedrooms | $655K | $562.5K | -14.1% |
| 3 Bedrooms | $1.0M | $1.0M | -4.9% |
| 4 Bedrooms | $1.4M | $1.8M | +21.8% |
| 5+ Bedrooms | $2.2M | $1.9M | -15.4% |
Summary: Seabrook Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes decreased by 15.4%.
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 Seabrook Island, SC
How many homes are available in Seabrook Island, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 101 | +20.2% |
Summary: The Seabrook Island real estate market had 101 homes for sale in October 2024, a 20.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 17 | +41.7% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 24 | 28 | +16.7% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Seabrook Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 41.7%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 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 7 homes were sold or pending in Seabrook Island in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Seabrook Island, SC
We’re sorry, we don't have information for this market at the moment
