Is Charleston, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Charleston has remained a Seller's Market.
How much do homes in Charleston, SC cost?
Median Sold Price
$496,208
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Median Sold Price By Bedroom Count
# BEDS | May 2022 | May 2023 | % |
---|---|---|---|
1 Bedroom | $260K | $275K | +5.8% |
2 Bedrooms | $315K | $347.8K | +10.4% |
3 Bedrooms | $422K | $460.4K | +9.1% |
4 Bedrooms | $575.1K | $620.1K | +7.8% |
5+ Bedrooms | $1.2M | $1.0M | -11.6% |
Median Sold Price Compared To Nearby Cities
James Island | $446.7K | $525K | +17.5% |
Charleston Central | $706.5K | $807.3K | +14.3% |
West Ashley | $382.7K | $427.9K | +11.8% |
Charleston | $451K | $496.2K | +10.0% |
Folly Beach | $1.1M | $1.0M | -7.6% |
How many homes are available in Charleston, SC?
Number of Homes For Sale
Apr 2023 | May 2023 | % |
---|---|---|
1,072 | 1,074 | 0.2% |
Homes For Sale By Bedroom Count
# BEDS | Apr 2023 | May 2023 | % |
---|---|---|---|
1 Bedroom | 44 | 46 | +4.5% |
2 Bedrooms | 162 | 162 | 0.0% |
3 Bedrooms | 456 | 444 | -2.6% |
4 Bedrooms | 287 | 303 | +5.6% |
5+ Bedrooms | 123 | 119 | -3.3% |
Number of Homes Sold
Apr 2023 | May 2023 | % |
---|---|---|
319 | 323 | +1.3% |
Asking Price vs. Sold Price
154 Homes Were Sold
Under Asking
80 Homes Were Sold
At Asking
89 Homes Were Sold
Over Asking
How long does it take to sell a home in Charleston, SC?
How long does it take to sell a home in Charleston, SC?
Average Sale Time
May 2022 | May 2023 | % |
---|---|---|
15 Days | 24 Days | +56.9% |
Breakdown of Home Sale Times
254 Homes Were Sold
Under 30 Days
47 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days