Summerville Housing Market Report December 2024•Dorchester County, South Carolina

hero building illustration for mobile

Housing Prices in Summerville, SC

How much do homes in Summerville, SC cost?

Housing Market Conditions

Is Summerville, SC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Summerville is a Seller's Market

Difference Since December 2023

Since last year, Summerville has remained a Seller's Market.

Insight

Summerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$394,551$195/SqFt
+$14,454
+3.8%

Based on all homes sold in the last 12 months

Insight

Homes in Summerville have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Summerville was $394,551 in December 2024, up 3.8% from last year, and the median price per square foot was $195.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Goose Creek-Hanahan
+5.0%
Summerville
+3.8%
Ladson
+1.6%
North Charleston
+1.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$199.9K$418.3K
+109.3%
2$342K$388.1K
+13.5%
3$339.9K$348.3K
+2.5%
4$396.8K$415K
+4.6%
5$459.6K$472.8K
+2.9%

Summary: Summerville housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +109.3%. The home price for 2 bedroom homes increased by +13.5%. The home price for 3 bedroom homes increased by +2.5%. The home price for 4 bedroom homes increased by +4.6%. The home price for 5 bedroom homes increased by +2.9%.

Housing supply in Summerville, SC

How many homes are available in Summerville, SC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,343Last MonthDec 2024
1,3572 months agoNov 2024
-1.0 %
Change MoMNov – Dec

Summary: The Summerville real estate market had 1,343 homes for sale in Dec 2024, a 1.0 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
242Last MonthDec 2024
2382 months agoNov 2024
+1.7 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
2137138
+0.7%
3516508
-1.6%
4507503
-0.8%
5197194
-1.5%

Summary: Summerville housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +0.7%. The inventory for 3 bedroom homes decreased by -1.6%. The inventory for 4 bedroom homes decreased by -0.8%. The inventory for 5 bedroom homes decreased by -1.5%.

Asking Price vs. Sold Price

How much do homes in Summerville, SC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price41 Homes

At Asking Price82 Homes

Under Asking Price119 Homes

Insight

If you're buying a home in Summerville, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.

Summary: A total of 242 homes were sold or pending in Summerville in December 2024, up by 1.7% month-over-month. Of the 242 sold homes, 49% were sold under asking, 34% were sold at asking, and and 17% were sold over asking.

Days on Market for Summerville, SC

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Summerville, SC

What homes are available in Summerville, SC?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in South Carolina

MLS Disclaimers and Copyright

Based on information from CHS MLS, and Canopy MLS for the period 01/01/2023 - 01/01/2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2025 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.