Charleston, SC 29414 Real Estate Market Report

ZIP Code: 29414
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: 29414) currently stands at $485,000, reflecting a stable market environment. This price point indicates a healthy demand for single-family homes, which are showing stronger appreciation compared to townhouses and condos. The market has experienced an upward trend, with prices generally moving up as local economic fundamentals remain robust, contributing to a favorable atmosphere for buyers amidst falling interest rates.

Transaction activity appears moderate, with 192 days on market suggesting a slower sales velocity. This extended period may indicate a degree of pricing friction as buyers take their time to evaluate options. The current inventory conditions show elevated levels of supply relative to sales activity, suggesting that while the market is normalizing, it remains slightly competitive. The median listing price of $484,000 is closely aligned with the median sold price, indicating that seller expectations are in line with market realities, which is crucial for maintaining market balance.

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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

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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 in the Charleston, SC market average around 5.84% to 6.13%, which is notably lower than the rates observed earlier in 2026, suggesting a favorable refinancing window for recent borrowers.

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 is $485,000, indicating a stable market environment for buyers and sellers.

2. With 192 days on market, the sales velocity is slower, suggesting that buyers are taking more time to make purchasing decisions.

3. The median listing price of $484,000 is closely aligned with the sold price, reflecting balanced seller expectations.

4. Inventory levels are elevated relative to sales activity, indicating excess supply in the market.

5. Rental prices are experiencing a slight year-over-year decrease, which may impact overall investment sentiment.

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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.