Charleston, SC 29403 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

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. The primary market indicator, the median sold price of $883,000, indicates recent transaction-level value for the neighborhood and suggests pricing is settling near the upper-mid price band for SFR and condo product in 29403.
2. There is a meaningful gap between the median listing price of $945,000 and the median sold price, which may indicate seller price optimism relative to realized transaction prices and could require precise pricing or concessions to achieve sale; market conditions appear flat on price movement.
3. Liquidity appears measured with a median days on market of 50, which signals slower sales velocity relative to rapid-turn markets and suggests sellers should expect longer time-to-contract and factor holding costs into negotiations.
4. Macro and financing context is a headwind: interest rate pressure is elevated, and local financing is less favorable today than earlier in 2026 (current 30-year fixed mortgage rate noted at 6.69% versus 6.25% average earlier), which may suppress buyer purchasing power even as the local market temperature reads neutral and rent trends remain flat.

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.