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Palmetto State News

Wednesday, November 6, 2024

Summerville home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Summerville rose by $44,500 while total sales decreased by 50%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $270,000 - a 19.7% increase over the $225,500 median sale price for the same period of the previous year. There were 10 homes sold in Summerville in October 2019.

The median sales tax in Summerville for the most recent year with available data, 2019, was $952, approximately 0.4% of the median home sale price for October 2020.

The following table compares Summerville to other Charleston County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
North Pine Point20-$337,500$0-
Awendaw12-50%$334,000$305,0009.5%
Charleston21216131.7%$321,000$289,00011.1%
Ashley Forest21100%$307,500$385,000-20.1%
Long Branch Estates110%$282,000$187,50050.4%
Summerville510-50%$270,000$225,50019.7%
Capri Isles21100%$251,000$230,0009.1%
Ponderosa220%$229,500$203,00013.1%
North Charleston89105-15.2%$192,700$159,00021.2%
Ladson47-42.9%$192,000$163,00017.8%
Wildwood10-$84,000$0-

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