Ladson home prices rise in August 2019

Ladson home prices rise in August 2019
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The median sale price of a home sold in August 2019 in Ladson rose by $62,500 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In August 2019, there were nine homes sold, with a median sale price of $147,500 – a 73.5% increase over the $85,000 median sale price for the same period of the previous year. There were nine homes sold in Ladson in August 2018, as well.

The median sales tax in Ladson for 2019 was $595. In 2018, the median sales tax was $587. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.

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

City Aug. 2019 Home Sales Aug. 2018 Home Sales % change (Total Home Sales) Aug. 2019 Median Sales Price Aug. 2018 Median Sales Price % change (Median Sales Price)
Ponderosa 1 1 0% $252,000 $90,400 178.8%
Summerville 10 5 100% $236,000 $170,000 38.8%
Riverland Terrace 3 5 -40% $230,000 $347,000 -33.7%
Long Branch Estates 2 1 100% $224,975 $310,000 -27.4%
Ravenel 1 2 -50% $219,000 $395,500 -44.6%
James Island 12 13 -7.7% $214,250 $285,000 -24.8%
Meggett 6 0 $181,000 $0
Adams Run 2 2 0% $173,000 $447,125 -61.3%
North Charleston 105 103 1.9% $163,000 $150,000 8.7%
Ladson 9 9 0% $147,500 $85,000 73.5%
Lincolnville 4 3 33.3% $125,000 $260,000 -51.9%


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