Summerville, SC Home Values & Market Trends
Real estate market trends reflect that there have been 2,847 transactions over the past year in Summerville. The median value for residential home transactions that occurred over the previous year is $343,731.57. The number of current listings in Summerville is 430, and the percentage of properties for sale in the city is 430.00%. Summerville, SC currently has 287 properties in foreclosure, 1 bank owned properties, 23 properties headed for auction, and 430 properties for sale.
Summerville, SC Real Estate Market Overview
Housing Market Summary for Summerville, SC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $390K | $341.9K | -12.34% |
| Median Sold Price | $348.1K | $341.9K | -1.78% |
| Homes For Sale | 291 | 348 | 19.59% |
| Homes Sold | 1,438 | 1,387 | -3.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Summerville, SC
Browse Homes in Summerville, SC
Summerville home values range from $19,863 to $37,352,307. The median estimated value of a home in Summerville is $343,731.57. The median list price of a home is 399,900, and the total count of properties in the city is 54,134.
- Pre-ForeclosurePre-foreclosure homes account for 0.49% of all residential properties in Summerville, SC with 29485 containing 102 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Summerville, SC; of those zips, the estimated home value for pre-foreclosure homes ranges from $581,330 in 29485 to the lowest home value of $83,425 in 29486.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Summerville, SC ranges from the highest value of $0 in 29485 to the lowest value of $0 in 29486. Bank owned homes and properties account for 0.00% of properties in Summerville, SC. There are 3 zips within Summerville, SC; 29483 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions29485 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Summerville, SC. Auction homes and other auction properties account for 0.04% of all properties in Summerville, SC. There are 3 zips within Summerville, SC; of those zips, the median estimated home value for homes going to auction ranges from $432,831 in 29485 to the lowest value of $110,688 in 29485.
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More Real Estate Resources for Summerville, SC
Guide for Summerville, SC
The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.
South Carolina Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
