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The housing market in Beaufort is moderately competitive. The median home sale price in Beaufort has risen to $398K, a notable increase of 20.1% from last year. Similarly, the median sale price per square foot has increased to $241, marking an 11.6% growth since the previous year.
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As of April 2023, the housing market in Beaufort has seen a significant increase, with home prices up by 20.1% from the previous year to a median price of $398K. Homes are also selling faster, typically staying on the market for 39 days compared to 49 days the previous year. However, there's a decrease in the volume of homes sold, with 30 homes sold in April this year, down from 47 during the same period last year.
The Beaufort housing market is moderately competitive. On average, homes sell in approximately 34.5 days and may receive multiple offers. Typically, homes sell for around 2% below the list price and become pending in around 35 days. Properties in high demand, or "hot homes," can sell at approximately the list price and become pending in as little as 5 days.
Beaufort, SC offers an appealing lifestyle with an average of 216 sunny days per year and pleasant temperatures throughout. Its mild winter temperatures, often in the 40s and 50s, attract retirees, though fall can bring substantial rainfall. The city is family-friendly with numerous parks, green spaces, and above-average schools.
Transportation costs are some of the lowest in the US, due to low gas taxes. Home prices are also lower than the national average, which could be attractive for potential homeowners. Residents can enjoy outdoor activities like cycling, hiking, beachgoing, boating, and fishing.
December 2, 2023
December 2, 2023
November 23, 2023