Johns Island, SC 29455 Real Estate Market Report

ZIP Code: 29455
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 the Johns Island area are averaging approximately 6.3% in May 2026, which is higher than the sub-6% rates observed during the market peak in February 2026.

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 signal is the median sold price of $729,900, which represents the most reliable indicator of realized value and recent transaction activity in the ZIP code; the gap between the median listing price of $749,999 and this median sold price suggests ongoing pricing friction and seller expectations that may be slightly above recent transaction levels (stable-to-softening spread).

2. Liquidity appears muted: the median days on market of 232 indicates slower sales velocity and extended marketing timelines, which may indicate that buyers are exercising more time to transact and that price adjustments could be required to accelerate closings (down).

3. Macro and financing headwinds are a meaningful constraint: interest rate pressure labeled elevated and local mortgage commentary noting ~6.3% 30-year fixed rates in May 2026 point to higher financing costs, which likely dampen buyer purchasing power and contribute to the observed price softening (elevated interest rate pressure).

4. Market temperature is neutral while year-over-year direction for pricing is down and rent trend is down, which together suggest a market that is stabilizing but still softening; expect continued cautious buyer behavior and potential for modest seller concessions until rate pressure or demand dynamics shift (neutral).

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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.

Johns Island, SC 29455 Real Estate Market Report

ZIP Code: 29455
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

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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 the Johns Island area are averaging approximately 6.3% in May 2026, which is higher than the sub-6% rates observed during the market peak in February 2026.

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 $692,000, which represents the most reliable signal of realized value and recent transaction activity in Johns Island; representative recent sale suggests pricing should be centered on closed transactions rather than asking prices.

2. The gap between the median listing price of $567,000 and the median sold price of $692,000 suggests pricing friction between seller expectations and closed transaction outcomes, which may indicate selective demand or differentiated product quality within the sample set.

3. Liquidity appears slow: the median days on market is 413, which points to slower sales velocity and suggests elevated time-to-close compared with typical residential markets; this aligns with qualitative observations of excess supply relative to sales activity.

4. Market context is mixed: year-over-year price trend is down and rent year-over-year trend is down, while interest rate pressure is elevated—local mortgage costs are described as approximately 6.3% for a 30-year fixed rate—and the median price per square foot remains 690, indicating a relatively high per-square-foot valuation despite softer top-line trends.

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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.