Edisto Island, SC Foreclosures
How much do homes sell for in Edisto Island, SC?
The average home price is currently $735,804.
In Edisto Island, SC, how many homes are available?
There are currently 4 active home listings available in Edisto Island.
What’s the average rental cost in Edisto Island, SC?
The average rental price in Edisto Island is $1,851.
What is the most expensive home in Edisto Island?
The most expensive home sold in Edisto Island had a price of $7,905,800.
What is currently the cheapest priced home in Edisto Island, SC?
The cheapest home for sale in Edisto Island is priced at $10,654.
Living in Edisto Island, SC
Edisto Island, SC, is an idyllic coastal location that combines natural beauty with a peaceful, small-town atmosphere. This serene community attracts those who enjoy outdoor activities and a slower pace of life. Its proximity to Charleston makes it an appealing destination for those seeking both relaxation and access to urban conveniences.
Current Market Conditions in Edisto Island, SC
The real estate market on Edisto Island is characterized by a mix of vacation homes, permanent residences, and investment properties. Over the last few years, the area has seen steady interest from buyers looking for second homes or retirement properties due to its picturesque landscape and allure as a quiet escape. Given the limited inventory, homes are selling fairly quickly and at competitive prices, especially those near the beachfront.
Currently, the market is experiencing a slight uptick in prices compared to previous years due to increased demand. Many prospective buyers are attracted to the potential for rental income from vacation properties, as Edisto Island has become a popular rental destination. As a result, the market is consistently experiencing multiple offers, particularly for desirable homes.
Home Value Estimator For Edisto Island, SC
There are currently 2,819 real estate properties
in Edisto Island, SC,
with a median automated valuation model (AVM) price
of $579,904.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Edisto Island, SC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Edisto Island, SC,
is $735,804.00, with the most expensive house
in Edisto Island, SC, topping out
at $7,905,800.00 and the cheapest home
in Edisto Island, SC,
clocking in at $10,654.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Edisto Island, SC!
Rent Prices
In Edisto Island, SC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Edisto Island, SC, is on
a rollercoaster ride. The
average rent price in Edisto Island, SC,
is $1,851.00. Indeed, when looking to rent in
Edisto Island, SC, you can expect to pay as little
as $870.00 or as much
as $5,680.00,
with the average rent median estimated to
be $1,770.00. The good news is that finding
an affordable and desirable property to rent in Edisto Island, SC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
