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Thursday, November 28, 2024

What happened to the median home price in Adams Run during the third quarter of 2021?

Re 7

The median sale price of a home sold in the third quarter of 2021 in Adams Run rose by $11,250 while total sales increased by 33.3%, according to BlockShopper.com.

From July through September of 2021, there were eight homes sold, with a median sale price of $204,250 - a 5.8% increase over the $193,000 median sale price for the same period of the previous year. There were six homes sold in Adams Run in the third quarter of 2020.

The median sales tax in Adams Run for the most recent year with available data, 2019, was $885, approximately 0.4% of the median home sale price for the third quarter of 2021.

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

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Church Creek220%$319,250$259,50023%
Plantation Estates63100%$312,500$240,00030.2%
McClellanville58-37.5%$300,000$324,000-7.4%
Chesterfield3250%$300,000$445,500-32.7%
Summerville1830-40%$275,000$218,00026.1%
North Charleston254369-31.2%$225,000$190,00018.4%
Ladson261936.8%$217,500$150,50044.5%
Ponderosa6450%$211,500$165,50027.8%
Adams Run8633.3%$204,250$193,0005.8%
Lincolnville20-$145,500$0-
Fenwick Hills52150%$125,000$307,500-59.3%

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