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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charleston Central is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Charleston Central was a Seller's Market.

Key Takeaway

Charleston Central is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Charleston Central, SC cost?

Median Sold Price

$783,750

$546/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$104,984(+15.5%)

Key Takeaway

Homes in Charleston Central have sold for 15.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $365.5K$450K
+23.1%
2 $581.5K$650K
+11.8%
3 $677.5K$826.5K
+22.0%
4 $950K$1.1M
+22.4%
5+ $1.5M$2.5M
+60.3%

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+23.3%
West Ashley
+18.1%
North Charleston
+16.4%
Charleston Central
+15.5%
Charleston
+13.8%

How many homes are available in Charleston Central, SC?

Number of Homes For Sale

Dec 2022Jan 2023%
180182+1.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 1516
+6.7%
2 5259
+13.5%
3 5651
-8.9%
4 4040
0.0%
5+ 1716
-5.9%

Number of Homes Sold

Dec 2022Jan 2023%
3126-16.1%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charleston Central, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
74 Days29 Days-60.2%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charleston Central 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.

About Charleston Central, SC

There are 182 homes are for sale in Charleston Central, SC real estate market. The inventory of homes for sale in Charleston Central, SC between December 2022 and January 2023 increased by 1.1%. In January 2023, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $783,750. Listing prices have changed in this real estate market between December 2022 and January 2023: 1 bedroom properties prices increased by 23.1%, prices of 2 bedrooms properties increased by 11.8%, 3 bedrooms properties became 22% more expensive, prices of 4 bedrooms properties increased by 22.4%, prices of 5 bedrooms properties increased by 60.3%. Volume of homes for sale changed: 1 bedroom homes inventory increased by 6.7%, 2 bedrooms homes inventory increased by 13.5%, number of 3 bedrooms homes decreased by 8.9%, number of 4 bedrooms homes remained the same, 5 bedrooms homes became 5.9% less available. Charleston Central, SC housing market in January 2023 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 20 sold below.

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