Is Edisto Beach, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Edisto Beach has remained a Seller's Market.
Housing Prices in Edisto Beach, SC
How much do homes in Edisto Beach, SC cost?
Median Sold Price
$723,000
$508/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Edisto Beach was $723,000 in May 2024, up 7.1% from last year, and the median price per square foot was $508.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $234.5K | $217.5K | -7.2% |
2 Bedrooms | $375K | $399K | +6.4% |
3 Bedrooms | $675K | $575K | -14.8% |
4 Bedrooms | $885K | $906.2K | +2.4% |
5+ Bedrooms | $1.2M | $1.4M | +21.7% |
Summary: Edisto Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 21.7%.
Median Sold Price Compared To Nearby Cities
Green Pond | $670K | $783.5K | +16.9% |
Edisto Island | $704.5K | $810K | +15.0% |
Edisto Beach | $675K | $723K | +7.1% |
Housing Supply in Edisto Beach, SC
How many homes are available in Edisto Beach, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 40 | +8.1% |
Summary: The Edisto Beach real estate market had 40 homes for sale in May 2024, a 8.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Edisto Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Edisto Beach in May 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.
Days on Market for Edisto Beach, SC
We’re sorry, we don't have information for this market at the moment