North Charleston, SC 29420 Real Estate Market Report

ZIP Code: 29420
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The housing market in North Charleston, SC (ZIP: 29420) is currently characterized by a median sold price of $310,500, reflecting a stable market environment. The absence of historical sold price change data limits our ability to assess long-term trends; however, the current pricing suggests a balanced approach to market activity. With a median listing price of $339,000, there exists a notable gap between asking and selling prices, indicating potential pricing friction as sellers adjust expectations to align with buyer sentiment.

Market velocity appears moderate, with median days on market at 219, suggesting slower sales activity. This extended time frame may indicate a shift in buyer behavior, allowing for increased negotiation leverage. Despite these factors, inventory levels remain elevated, contributing to a dynamic that leans slightly towards a seller's market, though buyers are beginning to find opportunities as interest rates stabilize. As we approach the spring season, improving interest rates could further stimulate demand, unlocking pent-up buyer interest.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates near 5.87% in North Charleston SC are 0.98% lower than the average origination rate of 6.85% seen in January 2026.

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 $310,500 indicates a stable market, though the gap with the median listing price of $339,000 suggests pricing friction.

2. With median days on market at 219, the market is experiencing slower sales velocity, allowing buyers to negotiate more effectively.

3. Inventory levels are currently elevated, leading to moderate transaction volume relative to sales activity.

4. The median market rent stands at $1,960, which may influence buyer decisions as rental prices remain stable.

5. Current interest rates at approximately 5.87% are lower than previous averages, potentially unlocking demand as the market enters the spring season.

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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.