Is Charleston, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Charleston has remained a Seller's Market.
Housing Prices in Charleston, SC
How much do homes in Charleston, SC cost?
Median Sold Price
$549,864
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Charleston was $549,864 in April 2024, up 11.2% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $280K | +1.8% |
2 Bedrooms | $344.9K | $389.6K | +12.9% |
3 Bedrooms | $453.2K | $495.3K | +9.3% |
4 Bedrooms | $614.1K | $657.4K | +7.0% |
5+ Bedrooms | $964.6K | $1.2M | +24.4% |
Summary: Charleston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 24.4%.
Median Sold Price Compared To Nearby Cities
Charleston Central | $807K | $900.6K | +11.6% |
Charleston | $494.5K | $549.8K | +11.2% |
West Ashley | $425.8K | $459.4K | +7.9% |
James Island | $529K | $567.1K | +7.2% |
Folly Beach | $990K | $1.0M | +7.1% |
Housing Supply in Charleston, SC
How many homes are available in Charleston, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,228 | 1,368 | +11.4% |
Summary: The Charleston real estate market had 1,368 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 56 | 55 | -1.8% |
2 Bedrooms | 228 | 248 | +8.8% |
3 Bedrooms | 496 | 543 | +9.5% |
4 Bedrooms | 302 | 340 | +12.6% |
5+ Bedrooms | 146 | 182 | +24.7% |
Summary: The Charleston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 24.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
281 | 304 | +8.2% |
Asking Price vs. Sold Price
167 Homes Were Sold
Under Asking
80 Homes Were Sold
At Asking
57 Homes Were Sold
Over Asking
Summary: A total of 304 homes were sold or pending in Charleston in April 2024, up by 8.2% month-over-month. Of the 304 sold homes, 55% were sold under asking, 26% were sold at asking, and 19% were sold over asking.
Days on Market for Charleston, SC
We’re sorry, we don't have information for this market at the moment