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Featured local agent — Hanahan, SC
Sarah Mitchell
Compass Real Estate · Hanahan, SC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hanahan, SC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$450,000median sale price
How is the Hanahan, SC housing market right now?
The median home sale price in Hanahan, SC is $450,000, up 5.9% year-over-year. Homes sell in an average of 43 days with 84 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hanahan a buyer's or seller's market?
Hanahan, SC is currently a balanced market, based on 3.4 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
43
Average pace
Active listings
84
3.4 months supply
Sale-to-list
98.5%
Below asking
What does the Hanahan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $450,000 |
| Median list price | $419,900 |
| Year-over-year price change | +5.9% |
| Average days on market | 43 days |
| Active inventory | 84 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $233/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 23 |
| Listings with a price cut | 21.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hanahan by property type?
How the Hanahan, SC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $469,500 | $227/sq ft | 20 | 41 days |
| Condo / Co-op | $305,000 | $212/sq ft | 2 | 49 days |
| Townhouse | $329,900 | $236/sq ft | 3 | 81 days |
Source: Redfin · Updated monthly
The Hanahan housing market is currently classified as a balanced market with a median sale price of $450,000. Prices have risen 5.9% compared to last year, with homes spending an average of 43 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Hanahan
There are currently 84 homes listed for sale in Hanahan, South Carolina. The median listing price is $420K.
Active listings
84
Homes on market
Median list price
$420K
Avg. days on market
43
Days until sale
New this week
23
Newly listed
Who lives in Hanahan?
Population
21,119
Median income
$84,061/yr
Median age
36.5 years
Owner-occupied
67.7%
College grads
38.0%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Hanahan?
Zillow home value
$415,575
Zillow rent index
$1,781/mo
Price-to-rent ratio
19.4x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Hanahan?
Hanahan is a community of approximately 21K residents with a median age of 36.5 years.The median household income is $84,061, which reflects a relatively affluent area with strong earning potential. 38.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hanahan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hanahan?
4 schools tracked · 3,589 students
The largest public schools serving Hanahan, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hanahan High
Grades 9-12 · 1,048 students
Hanahan Elementary
Grades PK-5 · 998 students
Hanahan Middle
Grades 6-8 · 781 students
Bowen's Corner Elementary
Grades PK-5 · 762 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hanahan, SC?
Want a head-to-head view? Compare Hanahan side-by-side with any other U.S. city using our market-comparison tool.
Is Hanahan a good real estate investment market?
For investors evaluating Hanahan, the price-to-rent ratio of 19.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hanahan's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hanahan's median home price.
Frequently asked questions
What is the average home price in Hanahan?
The median home sale price in Hanahan is $450,000, up 5.9% from last year.
How long do homes stay on market in Hanahan?
Homes typically spend 43 days on market before going under contract.
What is the median income in Hanahan?
The median household income is $84,061 per year.
Is Hanahan a buyer's or seller's market?
With 3.4 months of supply, Hanahan is currently a balanced market.
What is the Zillow home value estimate for Hanahan?
The Zillow Home Value Index (ZHVI) for Hanahan is $415,575, representing the typical home value in the area.
What is the median condo price in Hanahan?
The median condo/co-op sale price in Hanahan, SC is $305,000, compared to $469,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hanahan?
The median single-family home price in Hanahan, SC is $469,500 (about $227 per square foot).
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