Is Charleston County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Charleston County has remained a Seller's Market.
Housing Prices in Charleston County, SC
How much do homes in Charleston County, SC cost?
Median Sold Price
$578,636
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Charleston County was $578,636 in March 2024, up 7% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $296.5K | -1.2% |
2 Bedrooms | $349.4K | $385.4K | +10.3% |
3 Bedrooms | $484.3K | $505K | +4.3% |
4 Bedrooms | $698.4K | $786.6K | +12.6% |
5+ Bedrooms | $1.0M | $1.2M | +14.0% |
Summary: Charleston County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Counties
Georgetown County | $361K | $448.4K | +24.2% |
Charleston County | $540.9K | $578.6K | +7.0% |
Colleton County | $317.1K | $336.6K | +6.2% |
Berkeley County | $362.7K | $367.3K | +1.2% |
Dorchester County | $376.6K | $377.4K | 0.2% |
Housing Supply in Charleston County, SC
How many homes are available in Charleston County, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,224 | 2,584 | +16.2% |
Summary: The Charleston County real estate market had 2,584 homes for sale in March 2024, a 16.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 77 | 92 | +19.5% |
2 Bedrooms | 353 | 388 | +9.9% |
3 Bedrooms | 894 | 1,017 | +13.8% |
4 Bedrooms | 595 | 704 | +18.3% |
5+ Bedrooms | 305 | 383 | +25.6% |
Summary: The Charleston County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 25.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
441 | 552 | +25.2% |
Asking Price vs. Sold Price
303 Homes Were Sold
Under Asking
127 Homes Were Sold
At Asking
122 Homes Were Sold
Over Asking
Summary: A total of 552 homes were sold or pending in Charleston County in March 2024, up by 25.2% month-over-month. Of the 552 sold homes, 55% were sold under asking, 23% were sold at asking, and 22% were sold over asking.
Days on Market for Charleston County, SC
How long does it take to sell a home in Charleston County, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 139 Days | +1070.7% |
Summary: Homes in Charleston County had an average of 139 days on market in Mar 2024, up by 1070.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 552 homes were sold in Charleston County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.