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Saturday, November 23, 2024

McClellanville home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in McClellanville rose by $123,000 while total sales increased by 60%, according to BlockShopper.com.

From July through December of 2019, there were 16 homes sold, with a median sale price of $425,000 - a 40.7% increase over the $302,000 median sale price for the same period of the previous year. There were 10 homes sold in McClellanville in the second half of 2018.

The median sales tax in McClellanville for 2019 was $980. In 2018, the median sales tax was $940. This marks an increase of 4.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.2%.

The following table compares McClellanville to other Charleston County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Folly Beach655127.5%$599,000$680,000-11.9%
Awendaw8633.3%$504,488$422,50019.4%
Edisto Island1016-37.5%$498,950$304,45063.9%
Whitehall Terrace45-20%$487,120$375,00029.9%
Mount Pleasant95079719.2%$425,000$431,250-1.4%
McClellanville161060%$425,000$302,00040.7%
Ashley Forest46-33.3%$377,500$445,000-15.2%
Secessionville Acres24-50%$371,500$295,00025.9%
Hollywood393511.4%$347,000$315,00010.2%
Meggett146133.3%$344,625$454,500-24.2%
Cedar Springs330%$340,000$289,50017.4%

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