Summerville Real Estate Market Update (2025)

The Summerville SC real estate market remains strong and accessible, with recent data showing continued growth and stability. Current market conditions include:

Current Home Values and Trends

• Median Home Price: $379,000 as of June 2025, up 4.6% compared to last year according to Redfin's latest market data
• Typical Home Value: $373,685 with home values increasing 1.7% over the past year per Zillow market reports
• Days on Market: Homes in Summerville sell after an average of 64 days on the market, indicating steady buyer demand
• Market Activity: 86 homes sold in June 2025, showing consistent transaction volume

Favorable Interest Rates and Financing

Interest rates remain reasonable compared to historical averages, making this a good time to secure financing for new construction homes in Summerville SC. The current lending environment supports both first-time buyers and move-up purchasers.

Strong Employment Growth

The Charleston metropolitan area, which includes Summerville, continues to show impressive job market expansion:

• Regional Employment: Charleston employment rose from 402,300 in 2022 to 426,800 in 2023, reflecting a 6.1% growth rate according to the SC Department of Employment and Workforce
• Statewide Job Growth: South Carolina recorded the 2nd fastest employment growth from March 2024 to March 2025, with unemployment declining to 4.1% as reported by state employment data
• Available Positions: South Carolina had 143,000 job openings in May 2025 according to the U.S. Bureau of Labor Statistics

Investment Potential and Market Drivers

New construction homes represent smart investments in Summerville's growing community. The market is driven by several key factors:

Job Growth: The Charleston region offers local employers a growing pool of 400,000+ skilled workers according to the Charleston Regional Development Alliance, supporting continued population growth and housing demand.

Quality Schools: Highly-rated Dorchester District 2 schools continue to attract families to the area.

Transportation: Easy access to I-26 and planned commuter rail connections enhance connectivity to Charleston's job market.

Lifestyle Appeal: Summerville's combination of small-town charm with proximity to Charleston's amenities creates sustained buyer interest.

Market Outlook

With steady population growth, job creation, and rising demand, property values in Summerville are expected to continue appreciating. The combination of strong fundamentals, reasonable interest rates, and builder incentives makes 2025 an opportune time to invest in new construction communities in Summerville SC.