Lake Keowee Market Report: August 2026
Short answer: the public Western Upstate MLS update shows substantially more Lake Keowee inventory than one year earlier, fewer year-to-date closings, and a higher median price for the mix of homes that closed. Those facts can coexist. They do not prove that every waterfront home, homesite, club community or neighborhood appreciated by the reported percentage.
| Metric | August 2025 | August 2026 | Change | 2025 YTD | 2026 YTD | YTD change |
|---|---|---|---|---|---|---|
| New listings | 48 | 37 | -22.9% | 413 | 437 | +5.8% |
| Closed sales | 28 | 29 | +3.6% | 235 | 209 | -11.1% |
| Median sales price | $950,000 | $1,225,000 | +28.9% | $880,000 | $1,350,000 | +53.4% |
| Percent of list price received | 95.9% | 96.1% | +0.2% | 96.4% | 96.8% | +0.4% |
| Days on market until sale | 104 | 88 | -15.4% | 88 | 91 | +3.4% |
| Inventory of homes for sale | 150 | 241 | +60.7% | Not reported | Not reported | Not reported |
What the August snapshot says
Inventory reached 241 homes, up 60.7% from 150 in August 2025. August closed sales were nearly unchanged at 29 compared with 28, while August new listings declined from 48 to 37. The median sale price for the 29 August closings was $1,225,000. The report also shows 96.1% of list price received and 88 days on market until sale.
What the year-to-date column changes
Through August, new listings rose 5.8% to 437 while closed sales fell 11.1% to 209. The year-to-date median price was $1,350,000, compared with $880,000 for the same period in 2025. Because a median depends on which properties closed, a shift in the mix of lakefront, interior, attached, detached, homesite or high-end sales can move the median without describing a same-home price change.
How to use this report
Buyers can use the larger inventory count as a reason to compare more alternatives and verify how long each has been available. Sellers should use the 96.1% August list-price ratio as broad context, not as a pricing formula. An address-level analysis still needs recent comparable properties with similar water access, dock status, community costs, condition, lot shape and view.