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Wednesday, November 6, 2024

Rising home prices in Riverland Terrace in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Riverland Terrace rose by $24,000 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2021, there were 14 homes sold, with a median sale price of $424,000 - a 6% increase over the $400,000 median sale price for the same period of the previous year. There were seven homes sold in Riverland Terrace in the first half of 2020.

The median sales tax in Riverland Terrace for the most recent year with available data, 2019, was $1,935, approximately 0.5% of the median home sale price for the first half of 2021.

The following table compares Riverland Terrace 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)
Secessionville Acres42100%$469,500$470,000-0.1%
Ravenel79-22.2%$455,000$386,00017.9%
Hollywood302236.4%$448,500$207,950115.7%
Capri Isles111010%$445,000$390,00014.1%
Laurel Park56-16.7%$431,250$353,25022.1%
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%

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