Laurel Park median home prices rose by 22.1% in the first half of 2021

Laurel Park median home prices rose by 22.1% in the first half of 2021
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The median sale price of a home sold in the first half of 2021 in Laurel Park rose by $78,000 while total sales decreased by 16.7%, according to BlockShopper.com.

From January through June of 2021, there were five homes sold, with a median sale price of $431,250 – a 22.1% increase over the $353,250 median sale price for the same period of the previous year. There were six homes sold in Laurel Park in the first half of 2020.

The median sales tax in Laurel Park for the most recent year with available data, 2019, was $1,656, approximately 0.4% of the median home sale price for the first half of 2021.

The following table compares Laurel Park to other Charleston County cities with similar median sale prices in the first half of 2021:

City Jan. – June 2021 Home Sales Jan. – June 2020 Home Sales % change (Total Home Sales) Jan. – June 2021 Median Sales Price Jan. – June 2020 Median Sales Price % change (Median Sales Price)
Mount Pleasant 1,125 948 18.7% $492,000 $424,448 15.9%
Secessionville Acres 4 2 100% $469,500 $470,000 -0.1%
Ravenel 7 9 -22.2% $455,000 $386,000 17.9%
Hollywood 30 22 36.4% $448,500 $207,950 115.7%
Capri Isles 11 10 10% $445,000 $390,000 14.1%
Laurel Park 5 6 -16.7% $431,250 $353,250 22.1%
Riverland Terrace 14 7 100% $424,000 $400,000 6%
Whitehall Terrace 8 5 60% $417,500 $440,000 -5.1%
Chesterfield 7 2 250% $410,000 $299,250 37%
Ashley Forest 9 9 0% $410,000 $450,000 -8.9%
Green Acres 1 4 -75% $388,000 $274,950 41.1%


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