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Sunday, November 24, 2024

Secessionville Acres home prices fall in 2019

Realestate1

The median sale price of a home sold in 2019 in Secessionville Acres fell by $33,100 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From January through December of 2019, there were seven homes sold, with a median sale price of $312,000 - a 9.6% decrease over the $345,100 median sale price for the previous year. There were seven homes sold in Secessionville Acres in 2018, as well.

The median sales tax in Secessionville Acres for 2019 was $1,416. In 2018, the median sales tax was $1,306. This marks an increase of 8.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.5%.

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

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Meggett2912141.7%$365,000$553,750-34.1%
Hollywood958018.8%$340,000$307,50010.6%
James Island1991848.2%$322,000$306,7505%
Ravenel2226-15.4%$319,000$167,00091%
Cedar Springs910-10%$317,500$284,75011.5%
Secessionville Acres770%$312,000$345,100-9.6%
Charleston3,1342,38731.3%$309,950$297,5004.2%
Forest Lakes62200%$306,250$347,450-11.9%
Plantation Estates550%$290,000$229,00026.6%
Drayton614-57.1%$283,000$262,5007.8%
Awendaw13130%$278,000$335,000-17%

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