Quantcast

Palmetto State News

Wednesday, November 6, 2024

Summerville median home prices rose by 22.3% in the second quarter of 2021

Realestate1

The median sale price of a home sold in the second quarter of 2021 in Summerville rose by $49,750 while total sales increased by 41.2%, according to BlockShopper.com.

From April through June of 2021, there were 24 homes sold, with a median sale price of $272,750 - a 22.3% increase over the $223,000 median sale price for the same period of the previous year. There were 17 homes sold in Summerville in the second quarter of 2020.

The median sales tax in Summerville for the most recent year with available data, 2019, was $952, approximately 0.3% of the median home sale price for the second quarter of 2021.

The following table compares Summerville to other Charleston County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Plantation Estates3250%$310,000$117,875163%
Ravenel25-60%$302,500$382,000-20.8%
Forest Lakes20-$296,250$0-
Melrose42100%$276,750$186,00048.8%
Adams Run990%$276,000$270,0002.2%
Summerville241741.2%$272,750$223,00022.3%
Ponderosa26-66.7%$265,000$240,00010.4%
Castlewood12-50%$229,555$278,750-17.6%
Lincolnville15-80%$225,000$212,0006.1%
North Charleston31826520%$209,500$183,00014.5%
Ladson17170%$180,000$160,00012.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS