Charleston-North Charleston Metro Area, SC Housing

The housing market in the Charleston-North Charleston, SC Metro Area is extremely strong. The median value of a house in the area is $421,300 which is significantly higher than the US median of $338,100. This indicates that house values are increasing faster than the national average with an appreciation rate of 17.09%, nearly double the US average of 8.27%. This shows that there is a high demand for housing in this area, which proves to be a draw for both prospective buyers and investors alike.

The median home cost in Charleston-North Charleston Metro Area is $421,300. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Charleston-North Charleston Metro Area is up 23.1%.

Average Age of Homes

- The median age of Charleston-North Charleston Metro Area real estate is 29 years old

The Rental Market in Charleston-North Charleston Metro Area

- Renters make up 30.8% of the Charleston-North Charleston Metro Area population
- 3.1% of houses and apartments in Charleston-North Charleston Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Charleston-North Charleston, South Carolina	United States
	354,256.0	139,647,020.0
	29	42
	$421,300	$338,100
	23.1%	16.6%
	67.9%	57.0%
	136.5%	101.1%
	$5.10	$10.98
	$1,407	$2,690
	59.0%	57.4%
	12.4%	11.2%
	28.6%	31.4%
Vacant Housing
	3.1%	1.9%
	0.5%	0.4%
	1.0%	0.7%
	0.5%	0.4%
	3.9%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	1.9%	2.4%
	1.8%	2.8%
	1.8%	3.9%
	2.4%	4.5%
	8.2%	11.3%
	12.9%	13.0%
	24.9%	20.1%
	16.5%	13.6%
	8.1%	8.3%
	10.1%	9.7%
	3.9%	3.9%
	2.2%	2.2%
	1.2%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	20.8%	13.6%
	20.8%	13.6%
	15.5%	13.6%
	15.4%	13.2%
	13.0%	14.8%
	15.5%	13.6%
	4.8%	10.0%
	2.4%	4.7%
	3.7%	12.2%

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