$200,000
2.41 Acres
Land
Listing Office: Keller Williams Realty Charleston West Ashley
Is Wadmalaw Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wadmalaw Island was a Buyer's Market.
Key Takeaway
Wadmalaw Island 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 Wadmalaw Island, SC
How much do homes in Wadmalaw Island, SC cost?
Median Sold Price
$501,500
$333/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$736,000(-59.5%)
Key Takeaway
Homes in Wadmalaw Island have sold for 59.5% less than they did a month ago.
Summary: The median home sold price in Wadmalaw Island was $501,500 in October 2024, down 59.5% from last month, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $925K | $430K | -53.5% |
| 3 Bedrooms | $1.5M | $573K | -63.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Wadmalaw Island housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 53.5%, 3 bedroom homes decreased by 63%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Wadmalaw Island, SC
How many homes are available in Wadmalaw Island, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Wadmalaw Island real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Wadmalaw Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wadmalaw Island, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Wadmalaw Island in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Wadmalaw Island, SC
We’re sorry, we don't have information for this market at the moment
