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Charleston, SC Housing Market
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.
Have questions about the Charleston real estate market or interested in finding your dream home? Our team is here to help! Whether you're just starting your search or ready to make a move, we offer personalized guidance to ensure a smooth and successful process. Reach out to us now for expert advice and to explore the best properties in Charleston!
Explore the charm and beauty of Charleston with our detailed neighborhood guide! From historic districts to coastal communities, this guide offers everything you need to know about Charleston’s unique neighborhoods. Whether you’re looking for the best dining spots, schools, or local attractions, our guide is your go-to resource for discovering the perfect place to call home. Start browsing now and find your ideal Charleston neighborhood!
My roots are grounded in The Lowcountry and I am committed to educating future buyers on every aspect of life here in Charleston. I am passionate about my job and dedicated to helping buyers and sellers get the most value out of my services!
