Is Summerville, SC 29486 a buyer’s or seller’s market?
Summerville is a seller’s market. With about 3.4 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 41% of U.S. ZIP codes, and #27 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, 17% of homes in Summerville, SC 29486 sold above their list price, the typical home went under contract in 74 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 726 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold more slowly (64 days then) and the median sale price held steady to $419,808. Overall, Summerville is less competitive than a year ago, which gives buyers more room.
Within Berkeley County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Summerville ranks #27 of 191 SC ZIP codes with enough sales (score 42 out of 100).
Nearby, buyers who want less competition could look at Saint Stephen 29479 (0% sold over asking) or Pinopolis 29469 (0% sold over asking), while Moncks Corner 29461 (24% sold over asking) is even more competitive.
Run the numbers for 29486
Nearby markets
Bonneau 29431Seller’s market $218 /sq ftCharleston 29492Seller’s market $409 /sq ftCordesville 29434 $186 /sq ftCross 29436Buyer’s market $160 /sq ft Browse all markets →Towns like Summerville nearby
Find towns like Summerville in other states →Where Summerville is
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Questions about Summerville real estate
Is Summerville a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Summerville, SC 29486 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 74 days in the latest three months.
Do homes in Summerville sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Summerville?
About 0.45% of a home’s value a year in Berkeley County, or roughly $1,800 on a $400,000 home.
What is the median home price in Summerville?
The median sale price was $419,808 in the three months ending August 31, 2026, about $206 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology