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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Charleston is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in North Charleston, SC

How much do homes in North Charleston, SC cost?

Median Sold Price

$336,494

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,088(+4.4%)

Key Takeaway

Homes in North Charleston have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in North Charleston was $336,494 in April 2024, up 4.4% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $108.5K$177.5K
+63.6%
2 $211K$224.5K
+6.4%
3 $305K$324.9K
+6.5%
4 $384.5K$392.9K
+2.2%
5+ $441K$456.9K
+3.6%

Summary: North Charleston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Cities

West Ashley
+7.9%
Hanahan
+5.2%
North Charleston
+4.4%
Goose Creek
0.3%

Housing Supply in North Charleston, SC

How many homes are available in North Charleston, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550549-0.2%

Summary: The North Charleston real estate market had 549 homes for sale in April 2024, a 0.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 6964
-7.2%
3 304313
+3.0%
4 137135
-1.5%
5+ 3936
-7.7%

Summary: The North Charleston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
151135-10.6%

Asking Price vs. Sold Price

70 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Charleston, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.

Summary: A total of 135 homes were sold or pending in North Charleston in April 2024, down by 10.6% month-over-month. Of the 135 sold homes, 52% were sold under asking, 30% were sold at asking, and 19% were sold over asking.

Days on Market for North Charleston, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 6 Days Ago

Newest Listings in North Charleston, SC

Nearby Markets to North Charleston, SC

What housing markets are near North Charleston, SC?