Daniel Island, SC 29492 Real Estate Market Report

ZIP Code: 29492
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Daniel Island, SC are approximately 6.3% compared to the 5.87% average observed in February 2026, reflecting a higher cost of borrowing for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The neighborhood's primary market indicator is the median sold price — 899,000 — which serves as the most reliable recent transaction benchmark; given the difference with the median listing price of 861,750, sellers appear to face pricing friction relative to completed sales.

2. Transaction velocity is notably slower: the median days on market is 315, which suggests slower sales velocity and reduced liquidity compared with typical market turnover.

3. Price direction is mixed: the price year-over-year trend is down while rent year-over-year trend is up, and with a neutral market temperature this pattern suggests a cooling sales market that is still supported by strengthening rental demand contextual.

4. Borrowing dynamics add headwinds: interest rate pressure is moderate, and current 30-year fixed mortgage rates in Daniel Island are approximately 6.3% versus a 5.87% average observed in February 2026, which may raise buyer carrying costs and contribute to the observed softening in price momentum.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Daniel Island, SC 29492 Real Estate Market Report

ZIP Code: 29492
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Daniel Island, SC are approximately 6.3% compared to the 5.87% average observed in February 2026, reflecting a higher cost of borrowing for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator is the median sold price of 319,990, which represents the most reliable signal of recent transaction value; this level suggests realized pricing near current asking expectations and supports using sold prices rather than listings for valuation work.

2. The market is showing notably slow liquidity with a median days on market of 457, which appears to reflect slower sales velocity and increased holding time for sellers; expect longer marketing windows and plan pricing and carrying-cost assumptions accordingly.

3. Price momentum is mixed: the price year-over-year trend is down while the market temperature is neutral, indicating that pricing pressure exists but market balance remains roughly even—use conservative comp adjustments and prioritize recently closed sales when underwriting.

4. Rising rents and cost pressures provide partial support for owner demand: median market rent is 2,075 and rent year-over-year trend is up, while median price per square foot is 408 and interest rate pressure is moderate; consider rent-driven buyer segments and stress-test financing scenarios given current borrowing costs.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.