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Wednesday, November 6, 2024

What happened to the median home price in James Island during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in James Island rose by $53,000 while total sales decreased by 17.4%, according to BlockShopper.com.

From January through June of 2021, there were 123 homes sold, with a median sale price of $380,000 - a 16.2% increase over the $327,000 median sale price for the same period of the previous year. There were 149 homes sold in James Island in the first half of 2020.

The median sales tax in James Island for the most recent year with available data, 2019, was $1,291, approximately 0.3% of the median home sale price for the first half of 2021.

The following table compares James Island 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)
Riverland Terrace147100%$424,000$400,0006%
Whitehall Terrace8560%$417,500$440,000-5.1%
Chesterfield72250%$410,000$299,25037%
Ashley Forest990%$410,000$450,000-8.9%
Green Acres14-75%$388,000$274,95041.1%
James Island123149-17.4%$380,000$327,00016.2%
Awendaw46-33.3%$375,000$343,7509.1%
Landsdowne4333.3%$362,500$258,00040.5%
McClellanville15966.7%$360,000$279,00029%
Charleston1,5721,4349.6%$360,000$310,00016.1%
Drayton712-41.7%$356,000$274,50029.7%

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