Ravenel, SC Foreclosures
Current Market Conditions in in Ravenel, SC As of February 2026?
In the past month, Ravenel's real estate market has witnessed a slight increase in housing inventory, providing prospective buyers with a wider selection of properties. Prices in the area have remained stable, with average home prices hovering around $350,000. The market is showing signs of more balance as homes are taking slightly longer to sell than in previous months, indicating a potential cooling after a hot summer season. Builders are responding to this demand with new constructions, adding variety to the housing options available.
How much do homes sell for in Ravenel, SC?
The average home price is currently $531,115.
In Ravenel, SC, how many homes are available?
There are currently 6 active home listings available in Ravenel.
What’s the average rental cost in Ravenel, SC?
The average rental price in Ravenel is $1,439.
What is the most expensive home in Ravenel?
The most expensive home sold in Ravenel had a price of $8,964,298.
What is currently the cheapest priced home in Ravenel, SC?
The cheapest home for sale in Ravenel is priced at $10,888.
Living in Ravenel, SC
Ravenel, SC, is a quaint town located just 20 miles from Charleston, providing a serene, rural lifestyle with easy access to vibrant city life. The community is characterized by its friendly atmosphere and lush landscapes, offering numerous recreational opportunities for families and outdoor lovers. With a range of schools and local amenities, Ravenel is an ideal location for those seeking a balance between country living and urban convenience.
Buyer vs Seller Market in Ravenel, SC
The real estate market in Ravenel, SC, has been experiencing steady growth over the past year. The combination of a rural setting close to Charleston has made the area increasingly attractive to homebuyers, particularly those seeking more space and natural surroundings. Prices have been on the rise, though they still tend to be more affordable compared to the booming Charleston market. Continued interest from buyers indicates a solid demand for homes in Ravenel, reinforcing its status as a desirable community.
Over the last few months, the market dynamics have shifted slightly, with an increase in inventory levels giving buyers more options to choose from. While homes are still selling at a solid pace, the competitive nature of the market appears to be stabilizing, allowing for more reasonable negotiation periods. With interest rates fluctuating, buyers are being careful but those who are quick to act are still finding opportunities in this lovely area.
Home Value Estimator For Ravenel, SC
There are currently 2,373 real estate properties
in Ravenel, SC,
with a median automated valuation model (AVM) price
of $415,590.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ravenel, 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 Ravenel, SC,
is $531,115.00, with the most expensive house
in Ravenel, SC, topping out
at $8,964,298.00 and the cheapest home
in Ravenel, SC,
clocking in at $10,888.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ravenel, SC!
Rent Prices
In Ravenel, SC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ravenel, SC, is on
a rollercoaster ride. The
average rent price in Ravenel, SC,
is $1,439.00. Indeed, when looking to rent in
Ravenel, SC, you can expect to pay as little
as $610.00 or as much
as $3,120.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Ravenel, 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.
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