$245,000
700 Daniel Ellis Dr Apt 5303
Charleston, SC
1 bd1 ba691 sqft$355/ft²
Condo
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Charleston, SC Housing Market
Balanced market+0.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Charleston, SC is worth $591,821, rose 0.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $625,000, +2.5% year over year (through May 2026). With 3.8 months of supply and homes going under contract in about 73 days, Charleston is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $591,821 home is about $3,159/mo in principal and interest.
Key numbers for Charleston, SC
Typical home value
$591,821
+0.5% in 12 months
Zillow, August 2026
Typical asking rent
$2,312/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$625,000
+2.5% year over year
Redfin, through May 2026
Days on market
73
Slow-moving
Redfin, through May 2026
Active listings
1,241
3.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$90,038
Home costs 6.6x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.2%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Charleston a buyer's or seller's market?
Balanced market3.8 months of supply73 days on market98.2% of asking
Charleston, SC is a balanced market, based on 3.8 months of supply and homes selling in about 73 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Charleston housing market data show?
Every row below is Redfin's final published month for Charleston, SC. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $625,000 |
| Median list price | $699,000 |
| Year-over-year price change | +2.5% |
| Median price per sq ft | $359/sq ft |
| Median days on market | 73 days |
| Active inventory | 1,241 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 98.2% |
| Homes sold (that month) | 329 |
| New listings (that month) | 409 |
| Listings with a price cut | 24.7% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Charleston is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Charleston is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Charleston home prices moved?
Over the last three years the median sale price in Charleston, SC rose 11.4%, from $561,000 to $625,000. The live Zillow value series has rose 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 24.7% of Charleston listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 3.8 months while the sale-to-list ratio slips below its current 98.2%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Charleston?
Priced off the typical home value of $591,821 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $118,364 | $473,457 | $3,159/mo |
| 5% | $29,591 | $562,230 | $3,752/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,159, that implies roughly $135,406 a year before you add taxes and insurance. The median household in Charleston earns $90,038, about $45,368 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.6x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Charleston in the next 12 months?
Tell us your timeline. We send the Charleston market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Charleston?
Typical asking rent in Charleston, SC is $2,312/mo, against a typical home value of $591,821. That is a price-to-rent ratio of 21.3x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $3,159 a month — $848 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Charleston?
Active listings in Charleston, SC went from 1,106 in May 2025 to 1,241 in May 2026, a +12.2% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 1,048 | 305 |
| July 2025 | 1,010 | 284 |
| August 2025 | 1,033 | 307 |
| September 2025 | 1,070 | 336 |
| October 2025 | 1,126 | 348 |
| November 2025 | 1,119 | 267 |
| December 2025 | 988 | 193 |
| January 2026 | 1,042 | 318 |
| February 2026 | 1,122 | 362 |
| March 2026 | 1,202 | 458 |
| April 2026 | 1,251 | 450 |
| May 2026 | 1,241 | 409 |
Redfin, through May 2026
How does Charleston compare to South Carolina and the U.S.?
Charleston homes sell for $625,000 — 59% above the South Carolina median of $394,000. Against the national median of $410,700, Charleston runs 52% higher. Year-over-year, Charleston moved +2.5% against South Carolina's +1.2% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Charleston, SC | $625,000 | +2.5% | 73 days |
| South Carolina statewide | $394,000 | +1.2% | 72 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Charleston
What buyers should watch
- Months of supply, currently 3.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 24.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $592 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $591,821 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Charleston listing goes under contract in 73 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Charleston added 409 new listings against 329 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Charleston varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Charleston
There are currently 1,241 homes listed for sale in Charleston, South Carolina. The median listing price is $699K. Featured listings range from $245,000 to $3,595,000.
$365,000
8120 Ronda Dr
Charleston, SC
3 bd3 ba1,902 sqft$192/ft²
House6,098 sqft lot
View photos & details
$419,000
1984 Folly Rd Apt B310
Charleston, SC
2 bd2 ba1,133 sqft$370/ft²
Condo
View photos & details
$447,000
1727 Brittlebush Ln
Charleston, SC
3 bd3 ba1,750 sqft$255/ft²
Townhouse2,614 sqft lot
View photos & details
$459,000
742 Olney Rd
Charleston, SC
3 bd2 ba1,110 sqft$414/ft²
House12,632 sqft lot
View photos & details
$514,000
2330 Watchtower Ln
Charleston, SC
4 bd4 ba2,101 sqft$245/ft²
Townhouse3,485 sqft lot
View photos & details
$555,990
345 Laurens View Ln
Charleston, SC
3 bd4 ba1,906 sqft$292/ft²
Townhouse
View photos & details
$565,000
1810 Hockley Blvd
Charleston, SC
4 bd4 ba2,280 sqft$248/ft²
House8,276 sqft lot
View photos & details
$735,000
1 Sutherland Ct
Charleston, SC
2 bd2 ba815 sqft$902/ft²
House1,742 sqft lot
View photos & details
$749,900
812 Harbor Place Dr
Charleston, SC
3 bd3 ba1,488 sqft$504/ft²
House6,534 sqft lot
View photos & details
$989,000
220 3rd Ave Unit 3A
Charleston, SC
2 bd3 ba1,464 sqft$676/ft²
Condo
View photos & details
$3,595,000
536 Lesesne St
Charleston, SC
5 bd5 ba3,381 sqft$1063/ft²
House10,890 sqft lot
View photos & details
Looking to buy in Charleston?
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Active listings
1,241
Homes on market
Median list price
$699K
Avg. days on market
73
Days until sale
New this week
409
Newly listed
Price drops:24.7%of listings
Sale-to-list:98.2%
How much do homes cost in Charleston by property type?
How the Charleston, SC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $740,000 | $366/sq ft | 227 | 65 days |
| Condo / co-op | $385,000 | $364/sq ft | 59 | 77 days |
| Townhouse | $425,000 | $264/sq ft | 37 | 93 days |
Who lives in Charleston?
American Community Survey estimates for Charleston. U.S. Census ACS, 2023
Population
152,014
Households
66,408
Median income
$90,038/yr
Median age
36.1 years
Owner-occupied
55.6%
Median home value
$469,100
Median gross rent
$1,632/mo
Mean commute
23.8 min
55.6% of occupied homes in Charleston are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $469,100 against Zillow's $591,821 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,632/mo, below Zillow's $2,312/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Charleston?
32 schools tracked · 19,067 students
The largest public schools serving Charleston, SC 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.
West Ashley High
Grades 9-12 · 2,043 students
James Island Charter High
Grades 9-12 · 1,597 students
C. E. Williams Middle School for Creative and Scientific Art
Grades 6-8 · 1,241 students
Orange Grove Charter School
Grades PK-8 · 1,169 students
Daniel Island School
Grades K-8 · 1,146 students
Camp Road Middle
Grades 6-8 · 857 students
Stiles Point Elementary
Grades PK-5 · 813 students
Philip Simmons High
Grades 9-12 · 809 students
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, SC?
Ordered by distance from Charleston, not by size. Compare Charleston side by side with any of them.
Charleston housing market FAQ
Is Charleston a buyer's or seller's market?
Charleston, SC is currently a balanced market. That read comes from 3.8 months of supply, homes going under contract in about 73 days, and sellers getting 98.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Charleston?
The typical home in Charleston, SC is worth $591,821 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $625,000, about $359 per square foot.
Is Charleston cheaper than the rest of South Carolina?
Charleston's median sale price of $625,000 is 59% higher than the South Carolina statewide median of $394,000, and 52% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Charleston?
Homes in Charleston, SC spent a median of 73 days on market before going under contract, versus 72 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Charleston?
At the current 30-year fixed rate of 7.03%, 20% down on a $591,821 home is about $3,159 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $135,406 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $90,038.
Are home prices rising in Charleston?
The typical home value in Charleston, SC rose 0.5% over the last 12 months, from $588,812 to $591,821 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Charleston?
Charleston ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Charleston?
That depends on your timeline, not on a headline. What the data says today: Charleston, SC is a balanced market with 3.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.3x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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