Charleston is a historic port city popular for its cobblestone streets and southern charm. The beautiful weather, award-winning dining, art galleries, and more make this city a desirable place to call home. An increase in households and employment opportunities has helped the real estate market here continue to bloom.
Real Estate Market Trends in Charleston
Charleston median home price: $395,000
Charleston’s median home prices have closely followed the national average over the last few years. Currently, just slightly under the national average of $413,000, the Charleston real estate market is still on an upward trend with values increasing by almost $150,000 since 2017. The supply on the market now is 1.5 months, while the national average is at a low 1.1 months supply.
Rental Market in Charleston
Charleston median rent: $1,769
Charleston rental vacancy: 14%
The Charleston rental market has seen an increase of 16.8% year-over-year in median rent prices and…