GemHausNew report

Market Snapshot

Median listing price
$297K

The median listing price in North Charleston, SC ZIP 29406 is $297,450 as of September 2026.

Median rent
$1,537/mo

The median market rent in North Charleston, SC ZIP 29406 is $1,537/month as of September 2026.

Days on market
69 days

The median days on market in North Charleston, SC ZIP 29406 is 69 days as of September 2026. The market is currently neutral.

Gross rental yield
6.20%

At a median list price of $297,450 and a median rent of $1,537/month, the gross rental yield in North Charleston, SC ZIP 29406 is 6.20% as of September 2026.

STR vs LTR
$2,899/mo STR · $1,537/mo LTR

In North Charleston, SC ZIP 29406, median Airbnb revenue is $2,899/month compared to median long-term rent of $1,537/month as of September 2026.

North Charleston, SC 29406 Real Estate Market Report

ZIP Code: 29406

Report Date: September 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.


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
114
Active Listings
57
Sold Properties
57

Market Metrics

Median Listing Price
$297,450
Median Sold Price
$307,000
Median Price per Sqft
$202/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
$1,537

Property Taxes

Property Tax Rate
0.54%

Liquidity & Velocity

Median Days on Market
69
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
down
Market Temperature
neutral
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in North Charleston, SC, average 6.8%, reflecting a stable market environment for property owners compared to earlier 2026 benchmarks.

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


Key Findings

  1. The neighborhood's median sold price is $307,000, which should be treated as the primary indicator of realized market value and recent transaction activity; this reflects a pricing plateau relative to asking expectations and appears consistent with a balanced-to-cooling market stance.
  2. Comparing the median sold price ($307,000) to the median listing price ($297,450) shows a modest gap that may indicate pricing friction and seller concessions are emerging as homes remain listed longer; with a median days on market of 69, expect slower sales velocity and increased negotiation windows.
  3. Price momentum is showing downside pressure: year-over-year price trend is reported as down, while market temperature is neutral; together these signals suggest price discovery is active but not collapsing, so buyers may secure concessions without a sharply falling market.
  4. Interest rate pressure is elevated alongside a median price per square foot of $202 and median market rent of $1,537, which implies cost-of-carry considerations remain material for owners and investors and may temper near-term upward price movement.

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

5482 Turner St, North Charleston, SC 29406
Top Sale

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

3 beds2 baths2,316 sqft
$565,000
Aug 2026
$244/sqft
1301 days on market
1902 Clifton St, North Charleston, SC 29406
Premium

Sold above market average

3 beds1 baths1,025 sqft
$420,666
Jul 2026
$410/sqft
161 days on market
5512 Gale St, North Charleston, SC 29406
Market Benchmark

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

3 beds1 baths1,184 sqft
$287,000
Jul 2026
$242/sqft
1 days on market
7021 Midland Dr, North Charleston, SC 29406
Market Benchmark

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

4 beds2 baths1,696 sqft
$280,000
Jul 2026
$165/sqft
274 days on market
2762 Mawood Ave, North Charleston, SC 29406
Market Benchmark

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

3 beds1 baths993 sqft
$279,000
Jul 2026
$281/sqft
5428 Marie St, North Charleston, SC 29406
Market Benchmark

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

3 beds1 baths1,053 sqft
$278,300
Jul 2026
$264/sqft
142 days on market
7918 Shadow Oak Dr, North Charleston, SC 29406
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds2 baths1,308 sqft
$215,000
Jul 2026
$164/sqft
29 days on market
1920 Spruce Blvd, North Charleston, SC 29406
Value

Sold below market average

3 beds1 baths1,449 sqft
$100,000
Aug 2026
$69/sqft
146 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

-$285/mo
29406 Avg Rent
29406 Cost to Own
Rent$1,537
Own$1,822

20% down, 6.76% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

29406 Avg nightly rate
29406 Avg occupancy (days/year)
Nightly rate$201/night
Occupancy226 of 365 days

Data Sources

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

Report generated: 9/13/2026

GemHaus

Get personalized market intelligence

Analyze properties in North Charleston, SC with valuations, rental estimates, highest-and-best-use signals, and operating costs.

Nearby Market Reports