Summerville home prices rise in November 2019

Summerville home prices rise in November 2019
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The median sale price of a home sold in November 2019 in Summerville rose by $17,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In November 2019, there were five homes sold, with a median sale price of $215,000 – a 8.6% increase over the $198,000 median sale price for the same period of the previous year. There were nine homes sold in Summerville in November 2018.

The median sales tax in Summerville for 2019 was $952. In 2018, the median sales tax was $936. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.

The following table compares Summerville to other Charleston County cities with similar median sales prices in November 2019:

City Nov. 2019 Home Sales Nov. 2018 Home Sales % change (Total Home Sales) Nov. 2019 Median Sales Price Nov. 2018 Median Sales Price % change (Median Sales Price)
Pierpont 1 0 $268,000 $0
Adams Run 1 2 -50% $265,500 $133,500 98.9%
Fenwick Hills 2 2 0% $252,250 $265,700 -5.1%
Green Acres 1 4 -75% $240,000 $294,112 -18.4%
Church Creek 3 0 $238,000 $0
Summerville 5 9 -44.4% $215,000 $198,000 8.6%
Ponderosa 1 1 0% $200,000 $166,700 20%
North Charleston 103 119 -13.4% $170,000 $130,000 30.8%
Long Branch Estates 3 2 50% $170,000 $291,000 -41.6%
Meggett 3 4 -25% $160,000 $632,000 -74.7%
Melrose 1 0 $148,000 $0


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