Charleston, SC 29401 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. 2,279,000 is the median sold price and serves as the primary indicator of realized market value for June 2026; with the market temperature labeled hot and price year-over-year trend reported as up, recent transactions support continued appreciation.
2. 2,950,000 is the median listing price, which sits above the median sold price and may indicate pricing friction or seller optimism when compared to recent transaction levels.
3. 386 median days on market suggests slower sales velocity and extended time-to-contract for listed properties; this duration appears at odds with the "hot" market label and may indicate pockets of reduced liquidity or longer negotiation cycles.
4. 934 median price per square foot alongside a 3,995 median market rent reflects a high-priced market where rents are also trending up; combined with elevated interest rate pressure, this suggests increased carrying-cost sensitivity for buyers and potential caution among investor buyers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.