SC · Metro #75

Charleston - SC housing market

The Charleston metro has a typical home value of $436,297, down 0.7% from a year ago. Homes are sitting 40 days on average, buyers have negotiating room. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$436,297
-0.7% vs. year ago
Median sale price
$459,938
+5.3% YoY
Median list price
$499,300
Sale-to-list ratio
96.6%
Selling below ask
Days on market
40d
Listings w/ price cut
24.9%
New listings / mo
1,555
+5.4% YoY
Homes for sale
6,610
+11.5% YoY
Typical rent
$2,066/mo
+3.2% YoY
Context

How to read this data

The typical home value ($436,297) is the Zillow Home Value Index for the Charleston - SC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 0.7% over the past year. A home worth $439,373 last year is now worth roughly $436,297.

The median sale price , what homes actually close for , is $459,938. Homes are selling at 96.6% of list price, meaning buyers have room to negotiate.

Homes listed in Charleston - SC sit on the market for roughly 40 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,555 new listings hit the market each month in Charleston - SC. There are currently 6,610 homes for sale, up 11.5% from a year ago.

The typical monthly rent in Charleston - SC is $2,066, up 3.2% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in SC

MetroHome value1-yr changeDays on market
Greenville - SC$317,097 +1.9% 22.0d
Columbia - SC$257,718 +1.5% 22.0d
Myrtle Beach - SC$341,312 -0.2% 50.0d
Spartanburg - SC$280,581 +2.0% 31.0d
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