Charleston, SC 29412 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

Key Findings

1. The primary market-value signal is the median sold price of 469,500, which functions as the representative recent sale and suggests transaction-level value is notably below asking expectations; sellers and appraisers should plan around this realized level rather than listing price, and pricing strategies may need to bridge the gap between seller expectations and market-clearing prices. representative recent sale
2. Sales velocity is slow, with a median days on market of 214, which may indicate longer marketing periods and greater sensitivity to pricing and condition; sellers should anticipate extended time to close and buyers may find more negotiating leverage in offers. slower sales velocity
3. Market direction is stable to gently positive—price year-over-year trend is up while market temperature is neutral—but elevated interest rate pressure (elevated) is a headwind; investors and pricing teams should balance modest upward price momentum against higher financing costs and monitor mortgage rate movement for near-term demand shifts. balanced but rate-sensitive

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.