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Sunday, September 22, 2024

Median home prices in Meggett rose to $501,000 in the second half of 2020

Realestate077

The median sale price of a home sold in the second half of 2020 in Meggett rose by $156,375 while total sales decreased by 14.3%, according to BlockShopper.com.

From July through December of 2020, there were 12 homes sold, with a median sale price of $501,000 - a 45.4% increase over the $344,625 median sale price for the same period of the previous year. There were 14 homes sold in Meggett in the second half of 2019.

The median sales tax in Meggett for the most recent year with available data, 2019, was $1,922, approximately 0.4% of the median home sale price for the second half of 2020.

The following table compares Meggett to other Charleston County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Isle of Palms19711571.3%$800,000$660,00021.2%
Folly Beach71659.2%$650,000$599,0008.5%
Kiawah Island16879112.7%$633,125$620,0002.1%
Edgewater Park14-75%$595,000$794,500-25.1%
Green Acres42100%$545,000$307,50077.2%
Meggett1214-14.3%$501,000$344,62545.4%
Riverland Terrace68-25%$472,500$323,50046.1%
Lincolnville19-88.9%$465,000$125,000272%
Edisto Island2010100%$463,500$498,950-7.1%
Mount Pleasant1,17595622.9%$449,500$425,0005.8%
Seabrook Island1629668.8%$438,750$318,00038%

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