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Palmetto State News

Sunday, September 22, 2024

Pierpont home prices fall in 2018

Realestate3

The median sale price of a home sold in 2018 in Pierpont fell by $10,500 while total sales decreased by 75%, according to BlockShopper.com.

From January through December of 2018, there were four homes sold, with a median sale price of $154,000 - a 6.4% decrease over the $164,500 median sale price for the previous year. There were 16 homes sold in Pierpont in 2017.

The median sales tax in Pierpont for the most recent year with available data, 2015, was $1,116, approximately 0.7% of the median home sale price for 2018.

The following table compares Pierpont to other Charleston County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Church Creek67-14.3%$206,200$215,000-4.1%
Summerville4766-28.8%$195,000$185,7505%
Fenwick Hills59-44.4%$185,000$225,000-17.8%
Ravenel17166.3%$180,000$120,00050%
Ponderosa1219-36.8%$170,850$213,000-19.8%
Pierpont416-75%$154,000$164,500-6.4%
Adams Run222010%$148,229.50$97,00052.8%
North Charleston808942-14.2%$139,000$132,9504.6%
Castlewood23-33.3%$133,500$180,000-25.8%
Ladson3446-26.1%$121,000$112,5007.6%
Wildwood330%$90,000$54,00066.7%

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