$9,500 Closing Credit*
$800,000
2,800 SqFt
4 Beds
•2 Full Baths
Listing Office: EXP Realty LLC
Is Charleston, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Charleston was a Neutral Market.
Key Takeaway
Charleston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Charleston, TN
How much do homes in Charleston, TN cost?
Median Sold Price
$325,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$14,500(-4.3%)
Key Takeaway
Homes in Charleston have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Charleston was $325,500 in October 2024, down 4.3% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $93.7K | N/A |
| 2 Bedrooms | $360K | $205K | -43.1% |
| 3 Bedrooms | $270K | $303.3K | +12.3% |
| 4 Bedrooms | $540K | $627.5K | +16.2% |
| 5+ Bedrooms | $572K | $1.5M | +162.2% |
Summary: Charleston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 162.2%.
Housing Supply in Charleston, TN
How many homes are available in Charleston, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Charleston real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Charleston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charleston, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Charleston in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Charleston, TN
We’re sorry, we don't have information for this market at the moment
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.