Charleston, SC

Buyer's market-5.0% YoY

Housing market overview · Updated weekly

$599,750median sale price

Homes sold

202

Last 12 weeks

Days on market

89

Average pace

Active listings

1,077

5.3 months supply

Sale-to-list

97.5%

Below asking

The Charleston housing market is currently classified as a buyer's market with a median sale price of $599,750. Prices have fallen 5.0% compared to last year, with homes spending an average of 89 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Charleston?

The median home sale price in Charleston is $599,750, down 5.0% from last year.

How long do homes stay on market in Charleston?

Homes typically spend 89 days on market before going under contract.

Is Charleston a buyer's or seller's market?

With 5.3 months of supply, Charleston is currently a buyer's market.

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