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Featured local agent — Charleston, IL
Sarah Mitchell
Compass Real Estate · Charleston, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Charleston, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$156,500median sale price
How is the Charleston, IL housing market right now?
The median home sale price in Charleston, IL is $156,500, up 6.8% year-over-year. Homes sell in an average of 30 days with 35 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Charleston a buyer's or seller's market?
Charleston, IL is currently a seller's market, based on 2.3 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
30
Average pace
Active listings
35
2.3 months supply
Sale-to-list
101.1%
Above asking
What does the Charleston housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $156,500 |
| Median list price | $129,900 |
| Year-over-year price change | +6.8% |
| Average days on market | 30 days |
| Active inventory | 35 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $102/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 20 |
| Listings with a price cut | 22.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Charleston by property type?
How the Charleston, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $156,250 | $100/sq ft | 14 | 28 days |
| Condo / Co-op | $245,000 | $83/sq ft | 1 | 33 days |
| Townhouse | $38,000 | $28/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The Charleston housing market is currently classified as a seller's market with a median sale price of $156,500. Prices have risen 6.8% compared to last year, with homes spending an average of 30 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Charleston
There are currently 35 homes listed for sale in Charleston, Illinois. The median listing price is $130K.
Active listings
35
Homes on market
Median list price
$130K
Avg. days on market
30
Days until sale
New this week
20
Newly listed
Who lives in Charleston?
Population
17,212
Median income
$49,057/yr
Median age
28.8 years
Owner-occupied
46.7%
College grads
34.2%
Avg commute
15.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Charleston?
Zillow home value
$168,057
Zillow rent index
$766/mo
Price-to-rent ratio
18.3x
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Charleston?
Charleston is a community of approximately 17K residents with a median age of 28.8 years.The median household income is $49,057, which represents a working-class community with solid middle-income opportunities. 34.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.7%, showing a blend of owner and renter-occupied properties. The average commute time is 15.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Charleston offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Charleston?
7 schools tracked · 2,580 students
The largest public schools serving Charleston, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Charleston High School
Grades 9-12 · 780 students
Jefferson Elem School
Grades 4-6 · 663 students
Carl Sandburg Elem School
Grades K-3 · 537 students
Charleston Middle School
Grades 7-8 · 395 students
Mark Twain Elem School
Grades PK-K · 205 students
Shelbyville TAOEP
Grades 6-12
Lerna TAOEP
Grades 6-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Charleston, IL?
Want a head-to-head view? Compare Charleston side-by-side with any other U.S. city using our market-comparison tool.
Is Charleston a good real estate investment market?
For investors evaluating Charleston, the price-to-rent ratio of 18.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Charleston's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Charleston's median home price.
Frequently asked questions
What is the average home price in Charleston?
The median home sale price in Charleston is $156,500, up 6.8% from last year.
How long do homes stay on market in Charleston?
Homes typically spend 30 days on market before going under contract.
What is the median income in Charleston?
The median household income is $49,057 per year.
Is Charleston a buyer's or seller's market?
With 2.3 months of supply, Charleston is currently a seller's market.
What is the Zillow home value estimate for Charleston?
The Zillow Home Value Index (ZHVI) for Charleston is $168,057, representing the typical home value in the area.
What is the median condo price in Charleston?
The median condo/co-op sale price in Charleston, IL is $245,000, compared to $156,250 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Charleston?
The median single-family home price in Charleston, IL is $156,250 (about $100 per square foot).
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