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 November 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

$339,976

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,635(+2.0%)

Key Takeaway

Homes in North Charleston have sold for 2% more than they did a year ago.

Summary: The median home sold price in North Charleston was $339,976 in November 2024, up 2% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$237K
+58.0%
2 $218K$220.8K
+1.3%
3 $317K$324.9K
+2.5%
4 $389.9K$409K
+4.9%
5+ $445K$480K
+7.9%

Summary: North Charleston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Cities

West Ashley
+5.0%
North Charleston
+2.0%
Hanahan
+1.8%
Goose Creek
+1.1%

Housing Supply in North Charleston, SC

How many homes are available in North Charleston, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
576552-4.2%

Summary: The North Charleston real estate market had 552 homes for sale in November 2024, a 4.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 8083
+3.8%
3 308286
-7.1%
4 150145
-3.3%
5+ 3536
+2.9%

Summary: The North Charleston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 2.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13096-26.2%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

12 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. 56.3% of homes here sold below asking price last month.

Summary: A total of 96 homes were sold or pending in North Charleston in November 2024, down by 26.2% month-over-month. Of the 96 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% 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 19 Days Ago

Newest Listings in North Charleston, SC

Nearby Markets to North Charleston, SC

What housing markets are near North Charleston, SC?