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Sunday, September 29, 2024

February 2021: Home prices in Summerville increased

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The median sale price of a home sold in February 2021 in Summerville rose by $35,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In February 2021, there were five homes sold, with a median sale price of $263,000 - a 15.4% increase over the $228,000 median sale price for the same period of the previous year. There were five homes sold in Summerville in February 2020, as well.

The median sales tax in Summerville for the most recent year with available data, 2019, was $952, approximately 0.4% of the median home sale price for February 2021.

The following table compares Summerville to other Charleston County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Drayton12-50%$325,000$286,29013.5%
Charleston130248-47.6%$323,950$302,5007.1%
Riverland Terrace20-$300,000$0-
Pierpont110%$300,000$278,5007.7%
Landsdowne21100%$287,500$258,00011.4%
Summerville550%$263,000$228,00015.4%
Ponderosa21100%$223,500$125,00078.8%
North Charleston5695-41.1%$217,700$131,90065%
Ladson19-88.9%$205,000$159,00028.9%
McClellanville20-$197,500$0-
Wildwood10-$113,000$0-

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