North Charleston’s average home price is currently $299,900, and homes in Isle of Palms are currently listed at an average of $1,800,000. 80 per gallon in Charleston, SC, and you could spend between $1,049 and $1,180 each year on gas. SCHOOLS Charleston public schools spend $15,039 per student. Apr 20, 2021. In March 2023, Charleston home prices were up 4. During the same period, the median list price in this real estate market was $494,678. The average cost of a single-family home in South Carolina is $170,100. Home appreciation the last 10 years has been 17. 9 Things the Rest of the Country Should Thank South Carolina For. Charleston, SC Housing Market Trends in 2023. Realtors group and a managing broker with Cassina Real Estate Group in Charleston, said. South Carolina is an appealing place to live in the southeast as you can stay near the beach in the Lowcountry or enjoy the tranquility of the Blue Ridge Mountains in the Upcountry. Median home prices in South Carolina increased 13% year-over year, from $234,000 to $265,000. In December the median sales price was $390,000, which is. Charleston, South Carolina Housing Market Report April 2023 >Charleston, South Carolina Housing Market Report April 2023. Charleston, SC 29420 Email agent Brokered by Maison Real Estate New For Sale $1,795,000 2 bed 2 bath 1,310 sqft 87 E Bay St Apt C, Charleston, SC 29401 Email agent Brokered by. Thats a 30% increase from 2020, when the median was. Accommodation Budget in Charleston Average Daily Costs Calculated from travelers like you The average price paid for one person for accommodation in Charleston is $90. Charleston, SC Housing Market. The median price of a home in South Carolina skyrocketed to nearly $300,000 in February for the first time as sales slid for a third consecutive month amid low inventory and rising. The table below is updated daily with South Carolina mortgage rates for the most common types of home loans. As of May 2023, t he average rent for a 1-bedroom apartment in Charleston, SC is $1,985. While South Carolina’s home values are a bit lower than North Carolina’s, the average home value in SC rounds out at $193,500. 9% compared to last year, selling for a median price of $549K. The median home cost in Charleston is $493,200. The median price of a home in the United States is currently $356,100. Average home price in the United States: $428,700 The median home sales price is $428,700 as of the first quarter of 2022. News Best Places>Living in Charleston, SC. The average South Carolina home value is $273,977, up 9. Home Appreciation in Charleston is up 17. How much do homes in Charleston, SC cost? Median Sold Price $494,678 $294/sqft Based on all homes sold in the last 12 months. The home price to income ratio compares the median home prices to the median household income. Living In South Carolina (Taxes, Housing & More)>Cost Of Living In South Carolina (Taxes, Housing & More). Compare SC mortgage rates by loan type. In March 2023, Charleston County home prices were up 8. 0% (Data through March 31, 2023) Market Overview--1-year Market Forecast. How Much Does it Cost to Build a House in Charleston, South. 0% compared to last year, selling for a median price of $520K. This is horse country, so there is plenty to do for the equestrian set, especially those of the polo persuasion. While closing costs can be expensive, one of the largest mortgage expenses is the interest rate. How much do homes in Charleston, SC cost? Median Sold Price $494,638 $291/sqft Based on all homes sold in the last 12 months. 6% of the states population are homeowners. As far as rent goes, it’s not as affordable as buying a house. Charleston Real Estate Market: Prices. Numbers as of October 2019 a - Value of 100. The housing-cost measure soared to $326,000 in May, up by $93,000 from just over two. 6 percentinSouth Carolina fromAugust toSeptember andwasdown 21. SC median home price surges past $300,000 for 1st time as. What is the Zillow Home Values Index?. 4 100=National Average AVERAGE RENT BY BEDROOM SIZE Rent per Month Summerville Charleston-North Charleston Metro South Carolina United States Studio 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms 0 500 1000 1500. 2% from 2020-2021, with a typical home value of about $443,500 as of November 2021. South Carolina as a whole has a high homeownership rate, and Charleston’s is 61. $500,000 Top Real Estate Markets in. Cost of Living in South Carolina. The median home cost in Charleston is $493,200. Additional data provided by the Austin Board of Realtors, Houston Association of Realtors, Intermountain MLS,. Charleston Homes for Sale; Myrtle Beach Homes for Sale;. CI- referrerpolicy=origin target=_blank>See full list on upgradedhome. Median Home Price $290,000 Housing Affordability a 144 Data is for the metro area Sources: Moodys Analytics; Sperlings BestPlaces; U. There were 706 homes sold in March this year, down from 935 last year. Home values in Charleston increased 31. increase 13% over last year. On average, homes in Charleston County sell. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 10% more. What Leading Custom Home Builders and Architects that Serve the Charleston Area Say Get a free cost estimate According to Tyler Smyth of Tyler A. A one-bedroom apartment in Charleston costs $1,481. 3percent in August but appreciated 19. The cost of living in South Carolina is cheaper than the U. South Carolina is an appealing place to live in the southeast as you can stay near the beach in the Lowcountry or enjoy the tranquility of the Blue Ridge Mountains in the Upcountry. The average South Carolina home value is $273,977, up 9. The median home cost in Charleston is $493,200. Charleston, SC Real Estate Market Source & Methodology data description Average Home Values Median Home Value: $556,847 Charleston, SC HOME PRICES > $1,459,000 $1,094,001 - $1,459,000 $729,001 - $1,094,000 $583,001 - $729,000 $437,001 - $583,000 $292,001 - $437,000 $146,001 - $292,000 $73,001 - $146,000 $0 - $73,000 7. Several submarkets reported median prices between $250,000 and $300,000, including. Top Real Estate Markets in South Carolina. Charleston, SC apartment rent ranges $1,001-$1,500: 26% $1,501-$2,000: 39% > $2,000: 34% Charleston, SC Occupied Housing Units Renter-occupied Households: 44% Owner-occupied Households: 56% 28,032 or 44% of the households in Charleston, SC are renter-occupied while 35,728 or 56% are owner-occupied. 8% from the previous year, according to data released by Zillow. The median sale price in June is $364,659, which is 5. The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. This is a 12% increase compared to the previous year. Your average South Carolina home costs $203,707, but it could cost up to $343,243 in coastal cities. The median home value in Charleston SC is $343,243, but it varies from year to year. Charleston, SC Townhomes for Sale 75 Homes Sort by Relevant listings Brokered by Carolina One Real Estate - Downtown new For Sale $450,000 3 bed 2. There are about 14 students per teacher in Charleston. What is the Zillow Home Values Index? Zillow Home. Cost of Living in Charleston, South Carolina. There were 703 homes sold in March this year, down from 934 last year. Charleston, SC 29420 Email agent Brokered by Maison Real Estate New For Sale $1,795,000 2 bed 2 bath 1,310 sqft 87 E Bay St Apt C, Charleston, SC 29401 Email agent Brokered by. How much do homes in Charleston, SC cost? Median Sold Price $494,678 $294/sqft Based on all homes sold in the last 12 months. Home values in Charleston increased 31. South Carolina Housing Market: House Prices & Trends. 6% of the Charleston population. com, the median listing home price in Charleston County, SC was $505,000 in April 2022, trending 18. Charleston SC Home Prices & Home Values. 1858 Taberwood Cir Unit 1 Of 2, Charleston, SC 29407 Charleston Home for Sale: Welcome to this meticulously maintained home in Church Creek!. Median home prices in South Carolina increased 13% year-over year, from $234,000 to $265,000. For two people sharing a typical double-occupancy hotel room, the average price paid for a hotel room in Charleston is $180. Beaufort came in at $369,000, Myrtle Beach at $321,000 and Greenville at. Median Home Price $290,000 Housing Affordability a 144 Data is for the metro area Sources: Moodys Analytics; Sperlings BestPlaces; U. 5 Thats still well below the national median of $404,950. Charleston slipped to fourth highest in median price, followed by Myrtle Beach at about $310,000. How expensive is it to live in Charleston?. The table below is updated daily with South Carolina mortgage rates for the most common types of home loans. Charleston, SC Real Estate Market Source & Methodology data description Average Home Values Median Home Value: $556,847 Charleston, SC HOME PRICES > $1,459,000 $1,094,001 - $1,459,000 $729,001 - $1,094,000 $583,001 - $729,000 $437,001 - $583,000 $292,001 - $437,000 $146,001 - $292,000 $73,001 - $146,000 $0 - $73,000 7. Charleston, South Carolina offers an excellent quality of life alongside budget friendly living possibilities; median house price rests close to $326K while rent per month for a one bedroom usually hovers from about $1,250 - 1,450 based on location or building type selected. South Carolina Key Takeaways. The median home cost in Charleston is $493,200. The median home price is a palatable $140,000, while the median household income is $40,453. HousingMarkets: Residential permittingactivity fell 15. South Carolina Housing Market Forecast The average home value in South Carolina is $267,835, up 10. Home appreciation the last 10 years has been 132. com, the median listing home price in Charleston County, SC was $505,000 in April 2022, trending 18. 470 Lesesne St, Charleston, SC 29492 List Price $2,450,000 Sale to List 0% over list Days on Market 0. As a buyer, expect to pay between 2% and 5% of the purchase price in closing costs. The cost of living in South Carolina is cheaper than the U. Charleston ranked second at just over $387,000 followed by Rock Hill, in the growing suburbs of Charlotte, at $375,000. Home prices in Charleston rose 23. Over the past five years home values in Charleston have increased by more than 65%. The median price of a home in South Carolina is now nearly $100,000 more than before the pandemic. On average, homes in Charleston County sell after 56 days on the market compared to 37 days last year. Charleston Home Values $495,993 8. Median home price: Realtor. Residents of Charleston pay an average of $1,700 each month in homeownership costs and mortgage payments. The median listing home price per square foot was $218. As of February 2021, the average sales price in the Charleston Real Estate Market has risen to $445,402. 8%) Key Takeaway Homes in Charleston have sold for 10. Data sourced from Zillow median home sale price data series. The APR includes both the interest rate and lender fees for a more realistic value comparison. Charleston, SC Housing Market. Your average South Carolina home costs $203,707, but it could cost up to $343,243 in coastal cities. South Carolina Home Values$273,977. The average South Carolina home value is $273,977, up 9. 57 per square foot to pour concrete in South. The average home price in Charleston is $301,695 while the average sold price for a home in Charleston is $247,000. Charleston, SC Housing Market Trends in 2023. Market Summary for Charleston, SC $1,985 Median Rent 12% $205 Year-Over-Year Change 357 Apartments for rent Rent Ranges in Charleston, SC Occupied Housing Units in Charleston, SC. Charlestons housing expenses are 3% lower than the national average and the utility prices are 17% higher than the national average. Charleston, SC Real Estate Market. Charlestons housing expenses are 3% lower than the national average and the utility prices are 17% higher than the national average. The number of homes for sale in Charleston, SC increased by 22% between February 2023 and March 2023. Charleston ranks second with a median. Charleston Homes for Sale: Charleston, SC Real Estate. A cost of living index above 100 means Summerville, South Carolina is more expensive. The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. If you purchased a home for $338,000, the median listing price in Charleston, you could expect to pay between $6,760 and $16,900. The city’s residents pay a median home price of $174,000 with median household income at $53,489. Charleston, SC Townhomes for Sale 75 Homes Sort by Relevant listings Brokered by Carolina One Real Estate - Downtown new For Sale $450,000 3 bed 2. Price your home competitively Pricing your home competitively will not only help you sell your home quicker, but it will make you stand out from other sellers. The Charleston Real Estate Market Update – Market Conditions. The median home value is $343,243, and over 61% of residents are homeowners. The median price of a home in South Carolina surged past $300,000 for the first time in March as borrowing costs escalated and housing inventory sank. 6% higher than the South Carolina average. Smyth Architects, Charleston has a healthy construction industry. You could also build your own dream home for an average of $175 per square foot in South Carolina. 1% over the past year and goes to pending in around 13 days. HousingMarkets: Residential permittingactivity fell 15. Charleston, SC Real Estate Market: Housing >Statistics for the Charleston, SC Real Estate Market: Housing. Residents of Charleston pay an average of $1,700 each month in homeownership costs and mortgage payments. What is the Zillow Home Values Index?. The cost of living in South Carolina is cheaper than the U. com data (February 2023) Tips to get your South Carolina home sold. Charleston, SC Housing Market Trends in 2023 Charleston is showing signs of price stabilization with the median sales price largely unchanged since April. $1,550,000 Last Sold Price 6 Beds 6 Baths 3,928 Sq. That’s 41 days to get an offer, plus the typical 35-day closing period. On average, homes in Charleston County sell after 56 days on the market compared to 37 days last year. Accommodation Budget in Charleston Average Daily Costs Calculated from travelers like you The average price paid for one person for accommodation in Charleston is $90. 31 The highest cost of living in South Carolina is in Charleston. 6 percentinSouth Carolina fromAugust toSeptember andwasdown 21. Over the past five years home values in Charleston have increased by more than 65%. The average cost to build a house in South Carolina is $379,000. The median sale price per square foot in Charleston is $286, down 0. ft Median listing home price per square foot. The number of homes for sale in Charleston, SC decreased by 1. Cost of Living in Charleston, SC 2023. The average Charleston home value is $495,993, up 8. Charleston-North Charleston, South Carolina Median home price: $416,800 Of the top 10 rankings, the Charleston area is second only to Raleigh for the highest median price for. Average Age of Homes - The median age of Charleston real estate is 33 years old The Rental Market in Charleston - Renters make up 41. Home appreciation the last 10 years has been 17. For one thing, the states taxes are high. Charleston, SC Housing Market Trends in 2023. Charleston, SC Housing Market. The average home price in Charleston is $301,695 while the average sold price for a home in Charleston is $247,000. Transportation expenses like bus fares and gas prices. Cost Of Living In Charleston, SC (Taxes, Housing & More). In March 2022, the median home price in South Carolina was $330,708. 6% Change since September 2021: +10%. The Average Sales Price Growth in Charleston What Impacts the Charleston Real Estate Market Today? Migration A contributing factor of the Charleston area’s growth has been the migration habits of the U. The national average home price is $207,825 while the average sale price is $308,052. Home Appreciation in Charleston is up 17. Charleston. The median home value in Charleston SC is $343,243, but it varies from year to year. The median price of a home in South Carolina surged past $300,000 for the first time in March as borrowing costs escalated and housing inventory sank. The median home cost in Charleston is Real Estate: $493,200. 1% compared to last year, selling for a median price of $549K. Location Data Mar 2023 Growth % YoY South-Carolina $356,100 +4. 6 Rent isnt too expensive, either. Best Places To Live In South Carolina In 2023 – …. Difference Since March 2022 +$ 48,048 ( + 10. The housing-cost measure jumped to. More Education Best Places to Live in Charleston Rankings View All. Your average South Carolina home costs $203,707, but it could cost up to $343,243 in coastal cities. The median home value in South Carolina is $203,707, and 72. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators How Much House Can I Afford? Mortgage Calculator. Search 2 bedroom homes for sale in Charleston, SC. The median home cost in Charleston is Real Estate: $493,200. You could also build your own dream home for an average of $175 per. View photos, pricing information, and listing details of 146 homes with 2 bedrooms. Key factors that impact South Carolina home sale timelines include local market conditions (e. 0%) Key Takeaway Homes in Charleston have sold for 10% more than they did a year ago. There are 130 homes for sale in 29403 with a median listing home price of $887,500. Charleston, South Carolina offers an excellent quality of life alongside budget friendly living possibilities; median house price rests close to $326K while rent per month for a one bedroom usually hovers from about $1,250 - 1,450 based on location or building type selected. The median sale price of a home in Charleston was $520K last month, up 4. 2% from 2020-2021, with a typical home value of about $443,500 as of November 2021. A two-bedroom apartment in Charleston costs $1,690. Cost Of Living In Charleston, SC (Taxes, Housing. Monthly rent for a two-bedroom apartment was $1,165—nearly $140 less than the national median of $1,306. Median sales. 0% over the past year and goes to pending in around 20 days. How Much Does it Cost to Build a House in Charleston, South Carolina. More Education Best Places to Live in Charleston. Average Age of Homes - The median age of Charleston real estate is 33 years old The Rental Market in Charleston - Renters make up 41. average in some ways, and more expensive in others. A double-wide home in South Carolina can range anything from $101,175 up to $183,167. Charleston, SC Housing Market The median listing home price in Charleston, SC was $550K in April 2023, trending up 16. In March 2023, Charleston County home prices were up 7. Average Home Price In Charleston South Carolina9% compared to last year, selling for a median price of $549K. Coastal markets saw the highest sales, with a 27. Charleston, South Carolina Community Info Local Maps Charleston, South Carolina Google Map. And 50 feet in terms of length. Sales also were up an average of 22% from last year with majority of the state experiencing significant gains, according to South Carolina Realtors’ March 2021 statewide real estate market data. Home Prices Are Dropping the Most Right Now>The 10 Cities Where Home Prices Are Dropping the Most Right Now. The median sale price in June is $364,659, which is 5. Mortgaging a home in South Carolina generally comes with a 2. Home prices in Charleston rose 23. Tips to get your South Carolina home sold 1. The median listing home price per square foot was $291. Charleston ranked second at just over $387,000 followed by Rock Hill, in the growing suburbs of Charlotte, at $375,000. Charleston, South Carolina offers an excellent quality of life alongside budget friendly. The average market rent for the state comes in $1,136 a month for an. Charleston, SC, real estate isnt the only thing on fire; the rental market is equally volatile. As of May 8, 2023, the 1 bedroom apartment average rent in Charleston, SC is $1,985. 8 Things You Need To Know About Living In Charleston, SC. Average home price in the United States: $428,700 The median home sales price is $428,700 as of the first quarter of 2022. Median real estate prices in Charleston come in at $269,400, which is 87. The average school expenditure in the U. Average Age of. Statistics for the Charleston, SC Real Estate Market: …. South Carolina Home Values$273,977. The median price of a home in South Carolina is now nearly $100,000 more than before the pandemic. SCHOOLS Charleston public schools spend $15,039 per student. average in some ways, and more expensive in others. Charleston, South Carolina offers an excellent quality of life alongside budget friendly living possibilities; median house price rests close to $326K while rent per month for a one bedroom usually hovers from about $1,250 - 1,450 based on location or building type selected. Home appreciation the last 10 years has been 132. Coastal markets saw the highest sales. On average, homes in Charleston sell after 47 days on the market compared to 38 days last year. North Charleston’s average home price is currently $299,900, and homes in Isle of Palms are currently listed at an average of $1,800,000. The average home price in Charleston is $301,695 while the average sold price for a home in Charleston is $247,000. This is above the South Carolina average of $167,900 for an. The home price to income ratio compares the median home prices to the median household. South Carolina Home Prices & Home Values. Median listing home price per sq. Located just over the Cooper River via the Arthur Ravenel Bridge from Charleston, this suburban town has a median home price of. The average South Carolina home value is $273,977, up 9. Daniel Island, Charleston Housing Market: House Prices & Trends. 8% — or $20,103 — more than the annual average. 5 That’s still well below the national median of $404,950. For two people sharing a typical. As a buyer, expect to pay between 2% and 5% of the purchase price in closing costs. Charleston Homes for Sale Market insights / City guide For sale Price All filters 40 of 492 homes • Sort Table NEW 3 HRS AGO $853,000 3 Beds 1 Bath 994 Sq. Home Appreciation in Charleston is up 17. The average Charleston home value is $495,993, up 8. The median listing home price in Charleston, SC was $550K. South Carolina as a whole has a high homeownership rate, and Charleston’s is 61. The national average home price is $207,825 while the average sale price is $308,052. Charleston, South Carolina offers an excellent quality of life alongside budget friendly. Smyth Architects, Charleston has a healthy construction industry. The median home value is $343,243, and over 61% of residents are homeowners. In March 2023, Charleston County home prices were up 7. 4 100=National Average AVERAGE RENT BY BEDROOM SIZE Rent per Month Summerville Charleston-North Charleston Metro South Carolina United States Studio 1 Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms 0 500 1000 1500 2000 2500 3000. Charleston Homes for Sale Market insights / City guide For sale Price All filters 40 of 492 homes • Sort Table NEW 3 HRS AGO $853,000 3 Beds 1 Bath 994 Sq. Charleston offers a lower value than similarly sized metro areas when you compare housing costs to median household income. Charleston is showing signs of price stabilization with the median sales price largely unchanged since April. Cost Of Living In Charleston, SC (Taxes, Housing & More)>Cost Of Living In Charleston, SC (Taxes, Housing & More). —10% below the average U. Price your home competitively. Homeowners spend an average of $120 per square foot to build a house in South Carolina. Charleston, SC Housing Market Trends in 2023 Charleston is showing signs of price stabilization with the median sales price largely unchanged since April. 6% higher than the South Carolina average. The median listing home price per square foot was $291. South Carolina In 2023 – Forbes Advisor>Best Places To Live In South Carolina In 2023 – Forbes Advisor. com/_ylt=AwrFa6qoPVtkMwEUAkNXNyoA;_ylu=Y29sbwNiZjEEcG9zAzUEdnRpZAMEc2VjA3Ny/RV=2/RE=1683729960/RO=10/RU=https%3a%2f%2fupgradedhome. 8% — or $20,103 — more than the annual average. 1% 1-yr The average Charleston home value is $495,993, up 8. South Carolina Real Estate Market & Appreciation Source & Methodology Average Home Values Median Home Value: $259,169 Number Of Homes And Apartments: 1,976,447 South Carolina Home Prices > $1,458,952 $1,094,001 - $1,458,952 $729,307 - $1,094,000 $583,537 - $729,306 $437,532 - $583,536 $291,890 - $437,531 $145,897 - $291,889 $73,001 - $145,896. Median home prices across South Carolina rose less than 1 percent in February, leading housing officials to believe prices are stabilizing following the meteoric run-up during the COVID-19 pandemic. Rent costs an average of $1,370-$2,700 in Charleston, with additional costs of $147 a month at least in utilities. What is the cheapest rent in Charleston? Currently, the cheapest rent in Charleston is for a one-bedroom apartment. Median sales price for a single-family home in Charleston was $395,000 based on the most recent report from the Charleston Trident Association of Realtors (May 2022). The time it takes for a home to go from listing to pending is around 24 days, indicating a strong demand for housing in the state. Median Sold Price By Bedroom Count Median Sold Price Compared To Nearby Cities. Compare week-over-week changes to mortgage rates and APRs in South Carolina. Nov 23, 2022. Home values in Charleston increased 31. Charleston, SC, real estate isn’t. 5 bath 1,953 sqft 3,049 sqft lot 2512. In 2022, the average time it takes to sell a home in South Carolina — from listing through closing — is approximately 76 days. Real Estate & Homes for Sale. The average Charleston home value is $495,993, up 8. What is the Zillow Home Values Index? Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies. In March 2023, Charleston County home prices were up 8. Brokered by Carolina One Real Estate - Charleston Central. The median home value in Charleston SC is $343,243, but it varies from year to year. Charleston offers a lower value than similarly sized metro areas when you compare housing costs to median household income. Charleston Home Values $495,993 8. Average Age of Homes - The median age of Charleston real estate is 33 years old The Rental Market in Charleston - Renters make up 41. Price your home competitively Pricing your. 1731 Sailmaker St, Charleston, SC 29492 List Price $1,595,000 Sale to List 3% under list Days on Market 86 days SOLD MAY 2, 2023 $2,450,000 Last Sold Price 5 Beds 4. This is above the South Carolina average of $167,900 for an average home price and $174,185 for an average sale price. The housing-cost measure soared to $326,000 in May, up by $93,000 from just over two years ago. What Leading Custom Home Builders and Architects that Serve the Charleston Area Say Get a free cost estimate According to Tyler Smyth of Tyler A. Median Sale Price All Home Types Median Sale Price. AccordingtoCoreLogicInformation Solutions, homevaluesin South Carolina depreciated0. Median Home Price $290,000 Housing Affordability a 144 Data is for the metro area Sources: Moodys Analytics; Sperlings BestPlaces; U. com%2fcost-of-living-in-charleston-sc%2f/RK=2/RS=WVND2b_bsyb5MCatROtlJroz. Charleston, SC rent trends. Average Rent in Charleston, SC and Cost Information. How Can You Make Charleston More Affordable to Live? Now that we have gone over why Charleston is so expensive, it is a good time to see if you can reduce these costs or if they are all fixed. Over the past five years home values in Charleston have increased by more than 65%. See the chart which shows year-over-year median sales price trends. The average rent for a 1-bedroom apartment increased by 11% to $1,985, and the average rent for a 2-bedroom apartment increased by 11% to $2,600. REAL ESTATE The median home cost in Charleston is Real Estate: $493,200. Charleston’s median home price hovers at $248,200 while the median household income sits at $52,971, which isn’t bad for what residents enjoy. The cost of rent in Charleston varies depending on several factors including. 3 /10 Data sourced from Zillow median home sale price data series. 5 That’s still well below the national median of $404,950. In March 2022, the median home price in South Carolina was $330,708. South Carolina Real Estate Market & Appreciation Source & Methodology Average Home Values Median Home Value: $259,169 Number Of Homes And Apartments: 1,976,447. In May 2022, Charleston home prices were up 16. Median home list price: $500,000 Change since June: -8. Difference Since April 2022 +$ 44,831 ( + 10. Charleston, SC Real Estate Market Source & Methodology data description Average Home Values Median Home Value: $556,847 Charleston, SC HOME PRICES > $1,459,000 $1,094,001 - $1,459,000 $729,001 - $1,094,000 $583,001 - $729,000 $437,001 - $583,000 $292,001 - $437,000 $146,001 - $292,000 $73,001 - $146,000 $0 - $73,000 7. A cost of living index above 100 means Summerville, South Carolina is more expensive. Realtors group and a managing broker with Cassina Real Estate Group in Charleston, said. In December the median sales price was $390,000, which is an increase of 1% compared to last December. South Carolina conforming loans South Carolina government loans. Additional data provided by the Austin Board of Realtors, Houston Association of Realtors, Intermountain MLS, Omaha Area Board of Realtors, San Antonio Board of Realtors, and the Salt Lake Board of Realtors. Sales also were up an average of 22% from last year with majority of the state experiencing significant gains, according to South Carolina Realtors ’ March 2021 statewide real estate market data. For builder-owners, the average cost per square foot to build a home in South Carolina is $175. In April 2023 median list price was $494,638 and the average listing age was 24 days. South Carolina has some of the lowest property taxes in the country, at a rate of 0. 8% more than they did a year ago. 0% compared to last year, selling for a median price of $520K. South Carolina median home price. If you purchased a home for $338,000, the median listing price in Charleston, you could expect to pay between. 30 Anderson is a close second at 9% below average. Transportation expenses like bus fares and gas prices. Charleston slipped to fourth highest in median price, followed by Myrtle Beach at about $310,000. This is above the South Carolina average of $167,900 for an average home price and $174,185 for an average sale price. What is the Zillow Home Values Index? Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of. 5% between March 2023 and April 2023. Best Places To Live In South Carolina In 2023 – Forbes Advisor. There are about 14 students per teacher in Charleston. com, August 2022 Cost of living for family of four: Economic Policy Institute March 2022 Personal income per capita: U. Median real estate prices in Charleston come in at $269,400, which is 87. 2021: $290,000; a past president of the S. There are 1,114 homes are for sale in Charleston, SC real estate market. Median Sale Price All Home Types Median Sale Price. Data sourced from Zillow median home sale price data series. Rent costs an average of $1,370-$2,700 in Charleston, with additional costs of $147 a month at least in utilities. The Charleston housing market is somewhat competitive. Charleston, SC Real Estate Market Source & Methodology data description Average Home Values Median Home Value: $556,847 Charleston, SC HOME PRICES > $1,459,000. In March 2023, the median listing home price in Myrtle Beach, SC was $327. You could also build your own dream home for an average of $175 per square foot in South Carolina. 8% compared to last year, selling for a. You can expect to pay an average of $1,481 in rent. Sales also were up an average of 22% from last year with majority of the state experiencing significant gains, according to South Carolina Realtors ’ March 2021 statewide real estate market data. The median home value is $343,243, and over 61% of residents are homeowners. In March 2022, the median home price in South Carolina was $330,708. AccordingtoCoreLogicInformation Solutions, homevaluesin South Carolina depreciated0. 80 per gallon in Charleston, SC, and you could spend between $1,049 and $1,180 each year on gas. SC median home price is now nearly $100,000 more than before …. Tips to get your South Carolina home sold 1. Is it Expensive to Live in Charleston, South Carolina? Charleston, SC is an affordable city with a relatively low cost of living.