Charleston, SC Real Estate & Homes for Sale | realtor.com® (2025)

FAQs

Is Charleston SC a buyers or sellers market? ›

Charleston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

“The principle of supply and demand helps explain the rising home prices in Charleston, where limited supply meets high demand. Below are 2024 housing predictions for a few large South Carolina metro markets by Realtor.com.

Lower Property Taxes: South Carolina, where Myrtle Beach is located, boasts lower property taxes compared to many other states. This can significantly impact the overall cost of homeownership and make real estate more accessible to a broader range of buyers.

CHARLESTON, S.C. (WCBD) — It is no secret the Lowcountry, like many areas, is facing a housing crisis with the demand for housing outpacing the supply.

Of the biggest 100 U.S. metro housing markets considered overvalued, Columbia ranked 31st at 27.98%, Greenville ranked 33rd at 27.73% and Charleston ranked 38th at 26.85%.

Charleston County encompasses the city of Charleston in the southeastern portion of the state, near the Atlantic Ocean. The average effective property tax rate in Charleston County is just 0.51%, one of the lowest rates in the state.

Let's look at the rent for a one-bedroom apartment in Charleston at $2,282. This means that an individual should make at least $91,280 annually, $7,607 a month a month, or around $43.88 per hour to live comfortably in Charleston.

Price trends in the Charleston area market

Charleston MLS lists the median sales price of a house in Charleston as a much higher $520,000 at the start of 2024, “showing a four percent increase from the previous year. The median price per square foot stands at $299, reflecting a 3.1% year-over-year increase”.

As a general rule, I avoid anywhere to the east of I-26 and to the north of SC-17 on the Charleston peninsula. This is known as the “east side” of Charleston.

What is the safest area of Charleston? ›

Mount Pleasant. Located right across the Cooper River Bridge, Mount Pleasant is a perfect place for families and young professionals. It is also conveniently located next to Ilse of Palms and Sullivans Island. Even with its large, and growing, population, it is one of the safest areas in Charleston.

With all of its historic glory, Charleston offers so much to retirees. Golf, biking, walking trails, parks, art and theater, shopping, and beaches are just a few of the many things you will find here. No matter your retirement age, you're sure to discover a wonderful way of life in Charleston.

South Carolina residents can expect to spend less than North Carolina residents due to overall lower taxes and more affordable housing options.

In the retirement destination showdown, South Carolina emerges as the top pick. With its lower taxes, lower cost of living and affordable housing options, and abundant cultural and recreational offerings, it's an unbeatable choice for retirees.

Low Tax State

Charleston, SC, and all of South Carolina is considered a low-tax state, which is excellent news for real estate investors. There are low property taxes, so you can easily maximize your returns. Plus, you don't have to deal with estate or inheritance tax, so it's great for long-term investments.

Selling a house in South Carolina

Home values have increased by 3.7% since last year, and the number of days it takes to sell a home has increased from 54 days in June 2023 to 60 days in June 2024. The best time to sell your home in South Carolina is in July, when homes sell fastest and for the most money.

Are home prices dropping in South Carolina? As of November 2023, South Carolina's median home price is down by 7.1% at $360,800 from the national average price of $387,600. This decrease is primarily due to increased sales opportunities and more available listings.