Charleston, SC 29412 Real Estate Market Report

ZIP Code: 29412
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.

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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.

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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.

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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.

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Property Taxes

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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.

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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.

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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

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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.

Charleston, SC 29412 Real Estate Market Report

ZIP Code: 29412
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.

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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.

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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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The primary indicator of market value and recent transactions is the median sold price: 321,000, which serves as the representative recent sale level and should be prioritized over asking prices when setting comps; representative recent sale provides the clearest signal of realized market value.

2. Liquidity appears slow: the median days on market is 439, which suggests slower sales velocity and increased holding time for sellers despite stable pricing—expect longer listing periods before contract.

3. Market direction shows continued upward pressure on prices and rents while overall balance remains: the price year-over-year trend is up and the rent year-over-year trend is up, with a market temperature of neutral; however, elevated interest rate pressure may temper buyer urgency and purchasing power.

4. Valuation context supports modest rentability: the median price per square foot is 294 alongside a median market rent of 2,000, which suggests current pricing and rents are aligned for typical SFR and condominium product in the area; pricing friction may persist where asking prices materially exceed recent sold price levels.

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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.