Green Acres home prices fall in 2019

Green Acres home prices fall in 2019
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The median sale price of a home sold in 2019 in Green Acres fell by $125,000 while total sales decreased by 28.6%, according to BlockShopper.com.

From January through December of 2019, there were five homes sold, with a median sale price of $240,000 – a 34.2% decrease over the $365,000 median sale price for the previous year. There were seven homes sold in Green Acres in 2018.

The median sales tax in Green Acres for 2019 was $1,691. In 2018, the median sales tax was $1,587. This marks an increase of 6.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Green Acres to other Charleston County cities with similar median sales prices in 2019:

City Jan. – Dec. 2019 Home Sales Jan. – Dec. 2018 Home Sales % change (Total Home Sales) Jan. – Dec. 2019 Median Sales Price Jan. – Dec. 2018 Median Sales Price % change (Median Sales Price)
Awendaw 13 13 0% $278,000 $335,000 -17%
Chesterfield 6 10 -40% $274,500 $303,250 -9.5%
North Pine Point 8 6 33.3% $271,500 $383,500 -29.2%
Landsdowne 14 11 27.3% $268,500 $210,000 27.9%
Capri Isles 15 9 66.7% $247,500 $440,000 -43.8%
Green Acres 5 7 -28.6% $240,000 $365,000 -34.2%
Long Branch Estates 16 7 128.6% $237,500 $265,000 -10.4%
Church Creek 11 9 22.2% $235,000 $190,000 23.7%
Pierpont 11 4 175% $230,000 $154,000 49.4%
Adams Run 24 25 -4% $218,000 $175,000 24.6%
Melrose 5 6 -16.7% $217,500 $214,950 1.2%


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