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Market Snapshot

Median listing price
$849K

The median listing price in Charleston, SC ZIP 29403 is $849,000 as of June 2026.

Median rent
$2,700/mo

The median market rent in Charleston, SC ZIP 29403 is $2,700/month as of June 2026.

Days on market
391 days

The median days on market in Charleston, SC ZIP 29403 is 391 days as of June 2026. The market is currently neutral.

Gross rental yield
3.82%

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.

STR vs LTR
$5,839/mo STR · $2,700/mo LTR

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:

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.

Analysis Window
90 Days
Total Properties Analyzed
85
Active Listings
35
Sold Properties
50

Market Metrics

Median Listing Price
$849,000
Median Sold Price
$924,000
Median Price per Sqft
$613/sqft

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

Median Market Rent
$2,700

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

Property Tax Rate
0.44%

Liquidity & Velocity

Median Days on Market
391
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. 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.
  2. 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.
  3. 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.
  4. 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

142 Spring St, Charleston, SC 29403
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths2,550 sqft
$2,850,000
Mar 1, 2026
$1,118/sqft
116 days on market
31 Rose Ln, Charleston, SC 29403
Premium

Sold above market average

4 beds1 baths1,706 sqft
$2,692,500
May 1, 2026
$1,578/sqft
291 days on market
12 John St, Charleston, SC 29403
Premium

Sold above market average

4 beds2 baths2,064 sqft
$2,225,000
Mar 1, 2026
$1,078/sqft
507 days on market
924 Rutledge Ave, Charleston, SC 29403
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,464 sqft
$880,000
Mar 1, 2026
$601/sqft
2180 days on market
199 Fishburne St # B2, Charleston, SC 29403
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths1,421 sqft
$871,000
Apr 1, 2026
$613/sqft
46 Poplar St, Charleston, SC 29403
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds2 baths1,236 sqft
$865,000
Mar 1, 2026
$700/sqft
102 days on market
44 Aiken St, Charleston, SC 29403
Value

Sold below market average

2 beds1 baths874 sqft
$355,000
Apr 1, 2026
$406/sqft
43 Poinsett St, Charleston, SC 29403
Value

Sold below market average

3 beds1 baths1,792 sqft
$295,000
Apr 1, 2026
$165/sqft
228 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,577/mo
29403 Avg Rent
29403 Cost to Own
Rent$2,700
Own$5,277

20% down, 6.50% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

29403 Avg nightly rate
29403 Avg occupancy (days/year)
Nightly rate$349/night
Occupancy193 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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