Isle of Palms, SC

Buyer's market+92.9% YoY

Housing market overview · Updated weekly

$2.10Mmedian sale price

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

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

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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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