Isle of Palms, SC Housing Market & Real Estate

Buyer's market+92.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Isle of Palms, SC is $2.10M, up 92.9% year-over-year. Homes sell in an average of 139 days with 93 active listings. The market is currently a buyer's market.

$2.10Mmedian sale price

Is Isle of Palms a buyer's or seller's market?

Buyer's market6.2 months of supply139 avg. days on market

Isle of Palms, SC is currently a buyer's market, based on 6.2 months of supply and homes selling in about 139 days. How we determine this →

Homes sold

15

Last 12 weeks

Days on market

139

Average pace

Active listings

93

6.2 months supply

Sale-to-list

96.6%

Below asking

Isle of Palms, SC market data

Current housing market statistics for Isle of Palms, SC
MetricValue
Median sale price$2.10M
Median list price$1.76M
Year-over-year price change+92.9%
Average days on market139 days
Active inventory93 listings
Months of supply6.2 months
Sale-to-list price ratio96.6%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Isle of Palms housing market is currently classified as a buyer's market with a median sale price of $2.10M. Prices have risen 92.9% compared to last year, with homes spending an average of 139 days on market, indicating 6.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Isle of Palms

There are currently 93 homes listed for sale in Isle of Palms, South Carolina. The median listing price is $1.8M.

Active listings

93

Homes on market

Median list price

$1.8M

Avg. days on market

139

Days until sale

New this week

26

Newly listed

Price drops:16.1%of listings
Sale-to-list:96.6%

Explore nearby cities in SC

Frequently asked questions

What is the average home price in Isle of Palms?

The median home sale price in Isle of Palms is $2.10M, up 92.9% from last year.

How long do homes stay on market in Isle of Palms?

Homes typically spend 139 days on market before going under contract.

Is Isle of Palms a buyer's or seller's market?

With 6.2 months of supply, Isle of Palms is currently a buyer's market.

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