Is Charleston, SC a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Charleston is a seller's market


Difference Since May 2022

Since last year, Charleston has remained a Seller's Market.

Key Takeaway

Charleston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Charleston, SC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Charleston have sold for 10% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $260K$275K
2 $315K$347.8K
3 $422K$460.4K
4 $575.1K$620.1K
5+ $1.2M$1.0M

Median Sold Price Compared To Nearby Cities

James Island
Charleston Central
West Ashley
Folly Beach

How many homes are available in Charleston, SC?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 4446
2 162162
3 456444
4 287303
5+ 123119

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

154 Homes Were Sold
Under Asking

80 Homes Were Sold
At Asking

89 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charleston, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

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 2022May 2023%
15 Days24 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charleston are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Charleston, SC?

About Charleston, SC

Number of homes for sale in Charleston, SC real estate market have reached 1,074. The number of homes for sale in Charleston, SC increased by 0.2% between April 2023 and May 2023. In May 2023, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $496,208. Real estate listing prices changed between April 2023 and May 2023: the cost of 1 bedroom properties went up by 5.8%, prices of 2 bedrooms properties increased by 10.4%, the cost of 3 bedrooms properties went up by 9.1%, prices of 4 bedrooms properties went up by 7.8%, 5 bedrooms properties became 11.6% more cheaper. This housing market inventory have changed: number of 1 bedroom homes increased by 4.5%, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory decreased by 2.6%, the quantity of 4 bedrooms homes went up by 5.6%, 5 bedrooms homes inventory decreased by 3.3%. In May 2023 more than 89 listings in Charleston, SC were sold above the asking price. During the same period more than 80 listings were sold at asking price, while more than 154 were sold below.