Is Summerville, SC 29483 a buyer’s or seller’s market?
Summerville is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 29% of U.S. ZIP codes, and #76 of 191 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Summerville housing market right now
In the three months ending August 31, 2026, 14% of homes in Summerville, SC 29483 sold above their list price, the typical home went under contract in 76 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 332 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold faster (79 days then) and the median sale price rose 5% to $394,399. Overall, Summerville is about as competitive as it was a year ago.
Within Dorchester County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Summerville ranks #76 of 191 SC ZIP codes with enough sales (score 32 out of 100).
Nearby, buyers who want less competition could look at Reevesville 29471 (0% sold over asking) or Harleyville 29448 (0% sold over asking), while Dorchester 29437 (50% sold over asking) and Ridgeville 29472 (20% sold over asking) are even more competitive.
Run the numbers for 29483
Nearby markets
Dorchester 29437Buyer’s market $171 /sq ftHarleyville 29448Balanced $154 /sq ftNorth Charleston 29420Seller’s market $190 /sq ftReevesville 29471Seller’s market $207 /sq ft Browse all markets →Towns like Summerville nearby
Find towns like Summerville in other states →Where Summerville is
Loading map…
Questions about Summerville real estate
Is Summerville a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Summerville, SC 29483 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Summerville?
The typical home went under contract in 76 days in the latest three months.
Do homes in Summerville sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Summerville?
About 0.56% of a home’s value a year in Dorchester County, or roughly $2,240 on a $400,000 home.
What is the median home price in Summerville?
The median sale price was $394,399 in the three months ending August 31, 2026, about $189 per square foot.
Local agents
See all agents in 29483 →No sponsored agents in 29483 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 29483
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology