$10,000 Closing Credit*
$939,000
1,238 SqFt
2 Beds
•2 Full Baths
Listing Office: AgentOwned Realty Preferred Group, Lowcountry Charmed
Is The Peninsula, 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, The Peninsula was a Seller's Market.
Key Takeaway
The Peninsula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Peninsula, SC
How much do homes in The Peninsula, SC cost?
Median Sold Price
$1,045,800
$634/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$170,800(+19.5%)
Key Takeaway
Homes in The Peninsula have sold for 19.5% more than they did a year ago.
Summary: The median home sold price in The Peninsula was $1,045,800 in November 2024, up 19.5% from last year, and the median price per square foot was $634.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $482.5K | $515K | +6.7% |
| 2 Bedrooms | $722.5K | $840K | +16.3% |
| 3 Bedrooms | $932.5K | $1.0M | +12.6% |
| 4 Bedrooms | $1.2M | $1.3M | +7.5% |
| 5+ Bedrooms | $2.5M | $1.5M | -37.0% |
Summary: The Peninsula housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 37%.
Median Sold Price Compared To Nearby Neighborhoods
| Cannonborough / Elliottborough | $862K | $1.0M | +21.8% |
| The Peninsula | $875K | $1.0M | +19.5% |
| Westside | $798.2K | $840K | +5.2% |
Housing Supply in The Peninsula, SC
How many homes are available in The Peninsula, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 323 | 331 | +2.5% |
Summary: The The Peninsula real estate market had 331 homes for sale in November 2024, a 2.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 30 | -14.3% |
| 2 Bedrooms | 98 | 101 | +3.1% |
| 3 Bedrooms | 76 | 76 | 0.0% |
| 4 Bedrooms | 67 | 70 | +4.5% |
| 5+ Bedrooms | 47 | 54 | +14.9% |
Summary: The The Peninsula housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 14.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Peninsula, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in The Peninsula in November 2024, down by 9.1% month-over-month. Of the 40 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for The Peninsula, SC
We’re sorry, we don't have information for this market at the moment
