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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Charleston Central is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Charleston Central, SC

How much do homes in Charleston Central, SC cost?

Median Sold Price

$1,035,000

$630/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$165,600(+19.0%)

Key Takeaway

Homes in Charleston Central have sold for 19% more than they did a year ago.

Summary: The median home sold price in Charleston Central was $1,035,000 in November 2024, up 19% from last year, and the median price per square foot was $630.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $482.5K$515K
+6.7%
2 $722.5K$835K
+15.6%
3 $930K$1.0M
+12.9%
4 $1.1M$1.3M
+10.1%
5+ $2.5M$1.5M
-37.0%

Summary: Charleston Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 37%.

Median Sold Price Compared To Nearby Cities

Charleston Central
+19.0%
Mount Pleasant
+12.8%
Charleston
+10.2%
West Ashley
+5.0%
North Charleston
+2.0%

Housing Supply in Charleston Central, SC

How many homes are available in Charleston Central, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
325333+2.5%

Summary: The Charleston Central real estate market had 333 homes for sale in November 2024, a 2.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3530
-14.3%
2 98101
+3.1%
3 7777
0.0%
4 6770
+4.5%
5+ 4855
+14.6%

Summary: The Charleston Central housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 14.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4441-6.8%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 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. 80.5% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Charleston Central in November 2024, down by 6.8% month-over-month. Of the 41 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% 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 19 Days Ago

Newest Listings in Charleston Central, SC

Nearby Markets to Charleston Central, SC

What housing markets are near Charleston Central, SC?