Charleston, TN has experienced a great deal of growth in its housing market over the past year. The median value of homes located in Charleston is now $304,400, which is significantly lower than the US median value of $338,100. However, over the past year, the appreciation rate for housing in Charleston has been 13.88%, much higher than the national rate of 8.27%. This indicates that there is strong demand for property in Charleston and that it is an attractive market for potential buyers and sellers.
The median home cost in Charleston is $304,400. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Charleston is up 22.8%.
Average Age of Homes
- The median age of Charleston real estate is 50 years old
The Rental Market in Charleston
- Renters make up 22.9% of the Charleston population
- 2.5% of houses and apartments in Charleston, 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.