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Sunday, September 22, 2024

2020: Plantation Estates experienced a 29.7% drop in median home prices

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The median sale price of a home sold in 2020 in Plantation Estates fell by $86,095 while total sales increased by 20%, according to BlockShopper.com.

From January through December of 2020, there were six homes sold, with a median sale price of $203,905 - a 29.7% decrease over the $290,000 median sale price for the previous year. There were five homes sold in Plantation Estates in 2019.

The median sales tax in Plantation Estates for the most recent year with available data, 2019, was $1,018, approximately 0.5% of the median home sale price for 2020.

The following table compares Plantation Estates to other Charleston County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Long Branch Estates1516-6.3%$259,000$237,5009.1%
Church Creek911-18.2%$247,000$235,0005.1%
Melrose9580%$239,000$217,5009.9%
Summerville83112-25.9%$232,500$217,0007.1%
Pierpont1011-9.1%$229,000$230,000-0.4%
Ponderosa1922-13.6%$224,000$190,00017.9%
Lincolnville715-53.3%$212,000$125,00069.6%
Plantation Estates6520%$203,905$290,000-29.7%
North Charleston1,1571,524-24.1%$179,900$159,797.5012.6%
Ladson64114-43.9%$154,500$147,5004.7%
Wildwood4333.3%$82,000$117,000-29.9%

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