Sullivan's Island, SC is a desirable place to live with its beautiful beaches, quality schools, and low crime rate. It's no surprise that the median value of housing in Sullivan's Island is substantially higher than the US median at $2,576,400 compared to $338,100. The one-year appreciation rate for housing in Sullivan's Island is 17.10%, which is significantly higher than the US rate of 8.27%. This strong appreciation reflects the current desirability of living in Sullivan's Island and could be a great opportunity for anyone looking to invest in real estate.
The median home cost in Sullivan's Island is $2,576,400. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Sullivan's Island is up 23.1%.
Average Age of Homes
- The median age of Sullivan's Island real estate is 43 years old
The Rental Market in Sullivan's Island
- Renters make up 8.4% of the Sullivan's Island population
- 5.1% of houses and apartments in Sullivan's Island, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.