From January through December of 2020, there were 19 homes sold, with a median sale price of $386,000 - a 21% increase over the $319,000 median sale price for the previous year. There were 22 homes sold in Ravenel in 2019.
The median sales tax in Ravenel for the most recent year with available data, 2019, was $1,064, approximately 0.3% of the median home sale price for 2020.
The following table compares Ravenel to other Charleston County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Whitehall Terrace | 8 | 7 | 14.3% | $423,500 | $449,000 | -5.7% |
| Seabrook Island | 254 | 239 | 6.3% | $415,153 | $385,000 | 7.8% |
| Riverland Terrace | 13 | 21 | -38.1% | $410,000 | $390,000 | 5.1% |
| Hollywood | 51 | 95 | -46.3% | $399,000 | $340,000 | 17.4% |
| Ashley Forest | 16 | 22 | -27.3% | $391,250 | $387,500 | 1% |
| Ravenel | 19 | 22 | -13.6% | $386,000 | $319,000 | 21% |
| Secessionville Acres | 9 | 8 | 12.5% | $380,500 | $306,000 | 24.3% |
| Capri Isles | 17 | 15 | 13.3% | $380,000 | $247,500 | 53.5% |
| Chesterfield | 8 | 6 | 33.3% | $375,500 | $274,500 | 36.8% |
| Laurel Park | 15 | 2 | 650% | $363,000 | $389,000 | -6.7% |
| Green Acres | 8 | 5 | 60% | $356,650 | $240,000 | 48.6% |
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