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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charleston County is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Charleston County, SC

How much do homes in Charleston County, SC cost?

Median Sold Price

$624,980

$341/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$54,528(+9.6%)

Key Takeaway

Homes in Charleston County have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Charleston County was $624,980 in November 2024, up 9.6% from last year, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300.3K$328.5K
+9.4%
2 $378.9K$385.9K
+1.9%
3 $496.7K$548.3K
+10.4%
4 $736.8K$850.3K
+15.4%
5+ $1.1M$1.3M
+18.9%

Summary: Charleston County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Counties

Colleton County
+15.8%
Georgetown County
+10.8%
Charleston County
+9.6%
Dorchester County
+2.7%
Berkeley County
+2.3%

Housing Supply in Charleston County, SC

How many homes are available in Charleston County, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2,6742,716+1.6%

Summary: The Charleston County real estate market had 2,716 homes for sale in November 2024, a 1.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 108101
-6.5%
2 385405
+5.2%
3 1,0471,073
+2.5%
4 765764
-0.1%
5+ 369373
+1.1%

Summary: The Charleston County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 1.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
481405-15.8%

Asking Price vs. Sold Price

279 Homes Were Sold
Under Asking

75 Homes Were Sold
At Asking

51 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charleston County, you may be able to get a good deal. 68.9% of homes here sold below asking price last month.

Summary: A total of 405 homes were sold or pending in Charleston County in November 2024, down by 15.8% month-over-month. Of the 405 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.

Days on Market for Charleston County, 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 21 Days Ago

Newest Listings in Charleston County, SC

Nearby Markets to Charleston County, SC

What housing markets are near Charleston County, SC?