SC · Metro #75

Charleston - SC housing market

The Charleston metro has a typical home value of $434,229, down 0.9% from a year ago. Homes sell in 34 days on average - a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$434,229
-0.9% vs. year ago
Median sale price
$453,385
+2.3% YoY
Median list price
$495,300
Sale-to-list ratio
96.8%
Selling below ask
Days on market
34d
Listings w/ price cut
22.7%
New listings / mo
1,530
+1.3% YoY
Homes for sale
5,997
+31.1% YoY
Typical rent
$2,002/mo
+2.5% YoY
Context

How to read this data

The typical home value ($434,229) 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 0.9% over the past year. A home worth $438,173 last year is now worth roughly $434,229.

The median sale price , what homes actually close for , is $453,385. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.

Homes listed in Charleston - SC sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,530 new listings hit the market each month in Charleston - SC. There are currently 5,997 homes for sale, up 31.1% from a year ago.

The typical monthly rent in Charleston - SC is $2,002, up 2.5% 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$312,533 +2.0% 22.0d
Columbia - SC$254,348 +1.2% 23.0d
Myrtle Beach - SC$337,830 -1.0% 52.0d
Spartanburg - SC$277,911 +2.4% 31.0d
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