Market Snapshot
- Median listing price
- $849K
- Median rent
- $2,700/mo
- Days on market
- 391 days
- Gross rental yield
- 3.82%
- STR vs LTR
- $5,839/mo STR · $2,700/mo LTR
The median listing price in Charleston, SC ZIP 29403 is $849,000 as of June 2026.
The median market rent in Charleston, SC ZIP 29403 is $2,700/month as of June 2026.
The median days on market in Charleston, SC ZIP 29403 is 391 days as of June 2026. The market is currently neutral.
At a median list price of $849,000 and a median rent of $2,700/month, the gross rental yield in Charleston, SC ZIP 29403 is 3.82% as of June 2026.
In Charleston, SC ZIP 29403, median Airbnb revenue is $5,839/month compared to median long-term rent of $2,700/month as of June 2026.
Charleston, SC 29403 Real Estate Market Report
ZIP Code: 29403
Report Date: June 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
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
Note: 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
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
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The primary market value indicator is the median sold price of $924,000, which reflects recent transaction activity and should be the anchor for valuation and underwriting decisions.
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The median listing price of $849,000 sits below the median sold price, which may indicate pricing friction between asking and realized sale prices and suggests that closed sales include higher-quality or premium transactions relative to current asks.
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The long median days on market of 391 points to slower sales velocity; combined with relatively constrained active supply and rising inventory, this suggests pricing pressure and extended time to close that buyers and sellers should plan for in contract timelines.
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Local momentum shows prices year-over-year are up while rents year-over-year are up, with a neutral market temperature and moderate interest rate pressure; this combination suggests continued price support from rent growth but potential buyer sensitivity to financing costs.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Charleston, SC 29403 Real Estate Market Report
ZIP Code: 29403
Report Date: June 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
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
Note: 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
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
-
The neighborhood's primary indicator, the median sold price, is 589,000, which establishes recent transaction value and suggests sellers are achieving prices above asking in some cases given the lower median listing price; this supports positioning comparable listings competitively rather than relying on aggressive ask-to-close markup.
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The sample shows a relatively constrained active supply alongside a median days on market of 401, which implies slower sales velocity and potential pricing friction — sellers should expect longer time-to-contract and buyers may need patience for appropriately priced inventory.
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Pricing density is high with a median price per square foot of 535 and a median listing price of 547,000, indicating that per-square-foot expectations are a primary value driver; price adjustments should be considered at the per-square-foot level to align offers with recent solds.
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Rental demand appears supportive with a median market rent of 2,500 and a rent year-over-year trend marked as up, while interest rate pressure is characterized as moderate; investors should weigh current financing costs against rising rents and the neutral market temperature when assessing buy-and-hold opportunities.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 0.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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