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 seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Charleston Central, SC

How much do homes in Charleston Central, SC cost?

Median Sold Price

$900,666

$597/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$93,614(+11.6%)

Key Takeaway

Homes in Charleston Central have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Charleston Central was $900,666 in April 2024, up 11.6% from last year, and the median price per square foot was $597.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $455K$478K
+5.1%
2 $637.9K$792.7K
+24.3%
3 $833.2K$949.9K
+14.0%
4 $1.1M$1.2M
+4.8%
5+ $1.9M$1.8M
-9.5%

Summary: Charleston Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 9.5%.

Median Sold Price Compared To Nearby Cities

Charleston Central
+11.6%
Mount Pleasant
+11.3%
Charleston
+11.2%
West Ashley
+7.9%
North Charleston
+4.4%

Housing Supply in Charleston Central, SC

How many homes are available in Charleston Central, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
314347+10.5%

Summary: The Charleston Central real estate market had 347 homes for sale in April 2024, a 10.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2935
+20.7%
2 9093
+3.3%
3 9188
-3.3%
4 5262
+19.2%
5+ 5269
+32.7%

Summary: The Charleston Central housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 32.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4866+37.5%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

5 Homes Were 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. 65.2% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Charleston Central in April 2024, up by 37.5% month-over-month. Of the 66 sold homes, 65% were sold under asking, 27% were sold at asking, and 8% were sold over asking.

Days on Market for Charleston Central, 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 14 Days Ago

Newest Listings in Charleston Central, SC

Nearby Markets to Charleston Central, SC

What housing markets are near Charleston Central, SC?