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Monday, December 23, 2024

Meggett home prices fall in November 2019

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The median sale price of a home sold in November 2019 in Meggett fell by $472,000 while total sales decreased by 25%, according to BlockShopper.com.

In November 2019, there were three homes sold, with a median sale price of $160,000 - a 74.7% decrease over the $632,000 median sale price for the same period of the previous year. There were four homes sold in Meggett in November 2018.

The median sales tax in Meggett for 2019 was $1,922. In 2018, the median sales tax was $1,894. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Green Acres14-75%$240,000$294,112-18.4%
Church Creek30-$238,000$0-
Summerville59-44.4%$215,000$198,0008.6%
Ponderosa110%$200,000$166,70020%
North Charleston103119-13.4%$170,000$130,00030.8%
Long Branch Estates3250%$170,000$291,000-41.6%
Meggett34-25%$160,000$632,000-74.7%
Melrose10-$148,000$0-
Ladson104150%$147,295$117,55025.3%
Wildwood10-$62,000$0-
Lincolnville3250%$50,000$210,000-76.2%

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