In September 2024, Charleston saw a 2.0% increase in home prices compared to the previous year, with the median price reaching $602,000. Homes in Charleston are staying on the market longer, selling after an average of 66 days, up from 49 days last year. The number of homes sold has also declined, with 200 sales in September, down from 247 the previous year. Meanwhile, the median price per square foot in Charleston dropped by 1.1%, now standing at $320.

Charleston’s real estate market is moderately competitive, with homes typically selling in about 57 days. While some properties receive multiple offers, most homes sell for approximately 2% below the listing price and go under contract within 57 days. However, "hot" properties tend to perform better, often selling at or near the list price and going pending in as little as 38 days, reflecting higher demand for certain homes.

Nationwide, 0.44% of homebuyers are looking to relocate to Charleston from other metropolitan areas. Among these prospective buyers, those from Washington show the most interest in moving to Charleston, followed closely by homebuyers from New York and Boston. This trend highlights Charleston’s growing appeal as a desirable destination for people seeking a blend of historic charm, coastal living, and a slower-paced lifestyle.