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Price Drops in South Carolina

33 cities with year-over-year price decreases

-43.9%

Biggest Drop

-10.4%

Avg Decline

Opportunity for Buyers

Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.

Biggest Price Declines

All Price Drops in South Carolina

1 Kiawah Island
-43.9%
$1.53M 89d on market 2.7 mo supply
2 Folly Beach
-22.2%
$1.05M 155d on market 7.3 mo supply
3 Fort Mill
-21.6%
$435K 83d on market 2.8 mo supply
4 Red Hill
-19.9%
$247K 129d on market 3.6 mo supply
5 Garden City
-19.1%
$275K 99d on market 6.9 mo supply
6 Powdersville
-18.8%
$357K 89d on market 2.1 mo supply
7 Pendleton
-18.5%
$248K 95d on market 2.4 mo supply
8 Fripp Island
-17.9%
$780K 143d on market 10.0 mo supply
9 Taylors
-14.3%
$287K 64d on market 2.5 mo supply
10 Lancaster
-12.8%
$275K 46d on market 6.1 mo supply
11 Clemson
-12.2%
$330K 63d on market 2.6 mo supply
12 Mount Pleasant
-11.9%
$849K 90d on market 2.7 mo supply
13 Little River
-10.8%
$298K 128d on market 4.8 mo supply
14 James Island
-9.4%
$548K 86d on market 2.2 mo supply
15 Travelers Rest
-9.4%
$385K 40d on market 2.4 mo supply
16 Boiling Springs
-8.7%
$289K 44d on market 6.7 mo supply
17 Five Forks
-8.3%
$537K 69d on market 2.9 mo supply
18 North Augusta
-8.1%
$290K 49d on market 4.3 mo supply
19 Ladson
-7.4%
$300K 64d on market 4.9 mo supply
20 Surfside Beach
-6.3%
$483K 63d on market 4.4 mo supply
21 Spartanburg
-5.6%
$227K 49d on market 3.1 mo supply
22 Mauldin
-5.0%
$343K 84d on market 2.8 mo supply
23 Conway
-5.0%
$293K 129d on market 4.8 mo supply
24 Duncan
-4.8%
$283K 50d on market 1.8 mo supply
25 Bluffton
-4.7%
$505K 84d on market 2.9 mo supply
26 Hanahan
-4.2%
$410K 87d on market 3.0 mo supply
27 Murrells Inlet
-3.8%
$440K 90d on market 4.2 mo supply
28 Goose Creek
-2.5%
$395K 70d on market 2.6 mo supply
29 Clover
-2.1%
$320K 100d on market 3.8 mo supply
30 Burton
-1.6%
$338K 71d on market 2.4 mo supply
31 York
-1.5%
$319K 94d on market 4.3 mo supply
32 Port Royal
-1.3%
$385K 70d on market 3.0 mo supply
33 Sumter
-0.6%
$264K 67d on market 2.7 mo supply

More South Carolina Market Data

Markets with Price Corrections in South Carolina

33 cities in South Carolina are experiencing year-over-year price declines. The largest drop is in Kiawah Island at -43.9%.

Why Prices Drop

Is It a Good Time to Buy?

Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.

Frequently Asked Questions

Where are home prices dropping in South Carolina?

Several South Carolina cities are experiencing year-over-year price declines. Our data tracks median home prices across all major South Carolina markets, updated regularly. Check the city list above to see which areas have the largest price drops and best buying opportunities.

Why are home prices dropping in some South Carolina cities?

Price drops typically occur when housing inventory increases faster than buyer demand. Contributing factors in South Carolina include rising inventory from new construction, higher mortgage rates reducing buyer purchasing power, and market corrections in areas that saw rapid price appreciation.

Are South Carolina home prices expected to keep dropping?

Market forecasts vary by city. Areas with growing inventory and slowing demand may see continued price softening, while cities with strong job growth and limited supply tend to stabilize. Monitor months of supply and price trends in your target South Carolina city for the most accurate picture.

Should I buy in a South Carolina city with falling prices?

Falling prices can present excellent buying opportunities, especially if you're planning to stay long-term. The key is understanding whether the decline is a temporary correction or a deeper structural issue. A local South Carolina agent can help you evaluate specific neighborhoods and identify properties priced below market value.

How much have home prices dropped in South Carolina?

Price changes vary significantly across South Carolina cities. Some areas have seen modest 1-3% declines, while others may show larger drops of 5% or more. Use our city-level data above to see the exact year-over-year price change for each market.

Find Opportunities in South Carolina

Work with a local agent who can help you identify value in changing markets.

Find an Agent