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Featured local agent — Charleston, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Charleston, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Charleston, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Charleston, IL Housing Market & Real Estate

Seller's market+6.8% YoY

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?

Seller's market2.3 months of supply30 avg. days on 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?

Current housing market statistics for Charleston, IL
MetricValue
Median sale price$156,500
Median list price$129,900
Year-over-year price change+6.8%
Average days on market30 days
Active inventory35 listings
Months of supply2.3 months
Sale-to-list price ratio101.1%
Median price per sq ft$102/sq ft
Homes sold (latest month)15
New listings (latest month)20
Listings with a price cut22.9%
Market conditionSeller'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.

Median price, price per square foot, homes sold and days on market by property type in Charleston, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$156,250$100/sq ft1428 days
Condo / Co-op$245,000$83/sq ft133 days
Townhouse$38,000$28/sq ft12 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

Price drops:22.9%of listings
Sale-to-list:101.1%

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

Public

Jefferson Elem School

Grades 4-6 · 663 students

Public

Carl Sandburg Elem School

Grades K-3 · 537 students

Public

Charleston Middle School

Grades 7-8 · 395 students

Public

Mark Twain Elem School

Grades PK-K · 205 students

Public

Shelbyville TAOEP

Grades 6-12

Alternative

Lerna TAOEP

Grades 6-12

Alternative

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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