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Wednesday, November 6, 2024

The first half of 2021: Pierpont experienced a 43.4% increase in median home prices

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The median sale price of a home sold in the first half of 2021 in Pierpont rose by $90,000 while total sales decreased by 66.7%, according to BlockShopper.com.

From January through June of 2021, there were two homes sold, with a median sale price of $297,500 - a 43.4% increase over the $207,500 median sale price for the same period of the previous year. There were six homes sold in Pierpont in the first half of 2020.

The median sales tax in Pierpont for the most recent year with available data, 2019, was $1,220, approximately 0.4% of the median home sale price for the first half of 2021.

The following table compares Pierpont 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)
Drayton712-41.7%$356,000$274,50029.7%
Cedar Springs12-50%$342,000$266,95028.1%
Church Creek550%$336,000$235,00043%
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%

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