Is Pawleys Island, SC 29585 a buyer’s or seller’s market?
Pawleys Island is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 18% of U.S. ZIP codes, and #133 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 Pawleys Island housing market right now
In the three months ending August 31, 2026, 7% of homes in Pawleys Island, SC 29585 sold above their list price, the typical home went under contract in 54 days and there were 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 178 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold faster (109 days then) and the median sale price rose 7% to $549,762. Overall, Pawleys Island is more competitive than a year ago, so tougher for buyers.
On our competition score, Pawleys Island ranks #133 of 191 SC ZIP codes with enough sales (score 23 out of 100).
Nearby, Hemingway 29554 (18% sold over asking) is even more competitive.
Run the numbers for 29585
Nearby markets
Georgetown 29440Balanced $211 /sq ftHemingway 29554Seller’s market $132 /sq ft Browse all markets →Towns like Pawleys Island nearby
Find towns like Pawleys Island in other states →Where Pawleys Island is
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Questions about Pawleys Island real estate
Is Pawleys Island a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Pawleys Island, SC 29585 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 Pawleys Island?
The typical home went under contract in 54 days in the latest three months.
Do homes in Pawleys Island sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Pawleys Island?
About 0.41% of a home’s value a year in Georgetown County, or roughly $1,640 on a $400,000 home.
What is the median home price in Pawleys Island?
The median sale price was $549,762 in the three months ending August 31, 2026, about $273 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