Charleston, SC 29412 Real Estate Market Report

ZIP Code: 29412
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Charleston, SC (ZIP: 29412) stands at $628,259, reflecting a stable market despite recent fluctuations. The neighborhood has increased up since the previous year, indicating a resilient demand for properties. The current market conditions suggest a balance between supply and demand, with moderate transaction activity observed.

Inventory levels are elevated, with a notable number of active listings relative to sales, which may indicate a shift towards a more competitive landscape for well-priced properties. The 195 days median days on market further underscores a slower sales velocity, while the $715,000 median listing price suggests sellers may be optimistic about achieving higher sale prices, despite the current market dynamics.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates near 5.99% in Charleston, SC are approximately 0.4% higher than the recent 2026 low of 5.50% seen in the market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $628,259 indicates stable market conditions, reflecting ongoing buyer interest.

2. With 195 days on market, properties are experiencing a slower sales velocity, suggesting potential pricing adjustments may be necessary.

3. The median listing price of $715,000 shows a significant gap compared to the sold price, indicating possible pricing friction in the market.

4. Elevated inventory levels suggest an excess supply relative to sales activity, which could lead to increased competition among sellers.

5. The median market rent of $2,280 is currently down, contrasting with the stable sales prices and indicating a potential shift in rental demand.

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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.