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Wednesday, November 6, 2024

Pricing for the median home in Summerville increased during the first half of 2021

Realestate1

The median sale price of a home sold in the first half of 2021 in Summerville rose by $35,995 while total sales increased by 43.8%, according to BlockShopper.com.

From January through June of 2021, there were 46 homes sold, with a median sale price of $261,495 - a 16% increase over the $225,500 median sale price for the same period of the previous year. There were 32 homes sold in Summerville in the first half of 2020.

The median sales tax in Summerville for the most recent year with available data, 2019, was $952, approximately 0.4% of the median home sale price for the first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Fenwick Hills6450%$330,600$250,20032.1%
Plantation Estates83166.7%$310,000$125,000148%
Pierpont26-66.7%$297,500$207,50043.4%
Forest Lakes31200%$292,500$270,0008.3%
Melrose73133.3%$273,500$140,00095.4%
Summerville463243.8%$261,495$225,50016%
North Pine Point5425%$260,333$251,0003.7%
Ponderosa1011-9.1%$247,000$230,0007.4%
Adams Run14140%$245,000$268,500-8.8%
Castlewood3250%$229,555$278,750-17.6%
North Charleston64954718.6%$201,000$162,00024.1%

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