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Sunday, September 22, 2024

Pricing for the median home in Seabrook Island increased during 2020

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The median sale price of a home sold in 2020 in Seabrook Island rose by $30,153 while total sales increased by 6.3%, according to BlockShopper.com.

From January through December of 2020, there were 254 homes sold, with a median sale price of $415,153 - a 7.8% increase over the $385,000 median sale price for the previous year. There were 239 homes sold in Seabrook Island in 2019.

The median sales tax in Seabrook Island for the most recent year with available data, 2019, was $3,566, approximately 0.9% of the median home sale price for 2020.

The following table compares Seabrook Island 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)
Edgewater Park311-72.7%$515,000$480,0007.3%
Meggett1729-41.4%$490,000$365,00034.2%
Edisto Island3137-16.2%$447,000$399,00012%
Mount Pleasant2,1212,213-4.2%$435,000$427,0001.9%
Whitehall Terrace8714.3%$423,500$449,000-5.7%
Seabrook Island2542396.3%$415,153$385,0007.8%
Riverland Terrace1321-38.1%$410,000$390,0005.1%
Hollywood5195-46.3%$399,000$340,00017.4%
Ashley Forest1622-27.3%$391,250$387,5001%
Ravenel1922-13.6%$386,000$319,00021%
Secessionville Acres9812.5%$380,500$306,00024.3%

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