Real Estate Market Update for Charleston, SC
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 21% from one year earlier, and down 11% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 300-thousand dollars. The number of units sold decreased 7% year-over-year, and decreased 20% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Charleston, SC
Area Information for Charleston, SC
  • Population: 131,113
  • Median Age: 34.75 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 1,203/sq mi
  • Population Change Since 2000: 27.96%
  • Closest Airport: Charleston Afb/international
  • Closest College: The Citadel-military Clg-south Carolina
  • Closest Jr. College: Trident Technical College
  • Median Household Income: $54,040
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $259,290
  • Closest Major Sports Team: Charleston (sc) Riverdogs (a)
  • Change Avg. Household Income Since 2000: 45.15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Charleston, SC
Median Age: 34.75 Married: 31% Number of Households: 56,993 Households with Children: 12,331
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Charleston, SC

      School Name Distance Type Grades School Rating Parent Rating
      Meeting Street Elementary At Brentwood 0.3 mi Public PRESCHOOL-1 0 0
      Daniel Jenkins Creative Learning Center 0.5 mi Public 4-8 0 0
      Garrett Academy Of Technology 0.5 mi Public 9-12 0 4
      Edmund A. Burns Elementary School 0.6 mi Public PRESCHOOL-5 0 0
      Chicora Elementary School 1.5 mi Public PRESCHOOL-5 0 0
      Morningside Middle School 1.5 mi Public 6-8 0 0
      Mary Ford Elementary School 1.6 mi Public K-5 0 0
      Malcolm C. Hursey Elementary School 1.6 mi Public 3-8 2 0
      St John Catholic School 1.6 mi Catholic K-8 0 0
      Owens Christian Academy 1.7 mi Private PRESCHOOL-1 0 0
      Gregg Mathis Charter High (youthbuild) 1.9 mi Public 9-12 0 0
      Military Magnet Academy 2.0 mi Public 6-12 2 4
      Academic Magnet High School 2.1 mi Public 9-12 5 4
      Charleston School Of The Arts 2.1 mi Public 6-12 5 4
      Liberty Hill Academy 2.1 mi Public K-12 0 0
      North Charleston High School 2.3 mi Public 9-12 1 3
      Westminster Presbyterian Preschool 2.3 mi Private PRESCHOOL-K 0 0
      North Charleston Creative Arts Elementary 2.4 mi Public K-3 1 0
      Orange Grove Elementary Charter School 2.4 mi Public PRESCHOOL-6 5 0
      North Charleston Elementary School 2.4 mi Public PRESCHOOL-5 0 0
      W. B. Goodwin Elementary School 2.6 mi Public PRESCHOOL-5 1 0
      Trinity Montessori School 2.6 mi Private PRESCHOOL-6 0 0
      Riverbend Christian Academy 2.9 mi Private PRESCHOOL-12 0 0
      Charleston Christian School 3.0 mi Private K-8 0 0
      Addlestone Hebrew Academy 3.1 mi Private PRESCHOOL-8 0 0
      Matilda Dunston Elementary School 3.1 mi Public PRESCHOOL-3 2 0
      West Ashley Middle School 3.2 mi Public 6-8 1 0
      Montessori Community School 3.4 mi Public PRESCHOOL-8 5 0
      Springfield Elementary School 3.5 mi Public PRESCHOOL-5 3 0
      Jerry Zucker Middle School Of Science 3.6 mi Public 6-8 1 0
      Hanahan Middle School 3.7 mi Public 5-8 4 0
      Drayton Hall Elementary School 3.8 mi Public PRESCHOOL-5 4 0
      Ashley River Creative Arts 3.9 mi Public K-5 5 0
      Pattison's Academy For Comprehensive Education 4.1 mi Public K-12 0 0
      Hanahan High School 4.1 mi Public 9-12 3 4
      Lambs Elementary School 4.2 mi Public PRESCHOOL-5 1 0
      Palmetto Academy 4.3 mi Private 9-12 0 0
      Divine Redeemer School 4.5 mi Catholic PRESCHOOL-8 0 0
      New Israel Christian School 4.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      West Ashley High School 4.7 mi Public 9-12 3 3
      Charleston Charter For Math And Science 4.7 mi Public 6-12 4 4
      Meeting Street Academy 4.8 mi Private PRESCHOOL-5 0 0
      Cooper School The 4.8 mi Private K-5 0 0
      Hunley Park Elementary School 4.8 mi Public PRESCHOOL-5 0 0
      James Simons Elementary School 4.9 mi Public PRESCHOOL-7 1 0
      Charles Towne Montessori 4.9 mi Private PRESCHOOL-6 0 0
      Charleston Catholic 5.0 mi Catholic PRESCHOOL-8 0 0
      Bishop England High School 5.0 mi Catholic 9-12 0 0
      Oakland Elementary School 5.0 mi Public PRESCHOOL-5 3 0
      Midland Park Primary 5.0 mi Public PRESCHOOL-1 0 0
      Carolina Voyager Charter School 5.1 mi Public - 0 0
      Charleston Sda School 5.2 mi Private PRESCHOOL-8 0 0
      Burke High School 5.2 mi Public 9-12 1 4
      Blessed Sacrament School 5.2 mi Catholic PRESCHOOL-8 0 0
      Stono Park Elementary School 5.2 mi Public PRESCHOOL-5 2 0
      Mitchell Elementary School 5.3 mi Public PRESCHOOL-6 1 0
      Sanders-clyde Elementary School 5.3 mi Public PRESCHOOL-8 1 0
      Charleston Development Academy 5.3 mi Public PRESCHOOL-8 3 0
      Palmetto Scholars Academy 5.3 mi Public 6-12 5 3
      Daniel Island School 5.5 mi Public K-8 5 0
      St. Andrews School Of Math And Science 5.5 mi Public PRESCHOOL-5 5 0
      C. E. Williams Middle School For Creative & Scient 5.8 mi Public 6-8 3 0
      Ashley Hall School 5.8 mi Private PRESCHOOL-12 0 0
      Hanahan Elementary School 5.8 mi Public PRESCHOOL-4 4 0
      Charleston Progressive 5.9 mi Public PRESCHOOL-6 2 3
      Porter-gaud School 6.2 mi Private 1-12 0 0
      Mason Preparatory School 6.2 mi Private K-8 0 0
      Buist Academy 6.2 mi Public K-8 5 0
      Memminger Elementary School 6.5 mi Public PRESCHOOL-5 0 0
      Charleston Day School 6.6 mi Private 1-8 0 0
      R. B. Stall High School 6.7 mi Public 9-12 1 3
      Pinehurst Elementary School 6.7 mi Public 2-5 1 0
      Northwoods Middle 6.8 mi Public 6-8 0 0
      James Island Christian School 6.8 mi Private PRESCHOOL-8 0 0
      Cathedral Academy 6.9 mi Private K-12 0 0
      Northside Christian School 6.9 mi Private PRESCHOOL-12 0 0
      First Baptist School Of Charleston 7.0 mi Private K-12 0 0
      Pepperhill Elementary School 7.1 mi Public PRESCHOOL-5 1 0
      Harbor View Elementary School 7.2 mi Public PRESCHOOL-4 5 0
      The O'quinn School 7.2 mi Private PRESCHOOL-K 0 0
      Eagle Nest Elementary School 7.8 mi Public PRESCHOOL-5 3 0
      River Oaks Middle School 7.8 mi Public 6-8 3 0
      Fort Dorchester High School 7.9 mi Public 9-12 4 3
      Windsor Hill Arts Infused Elementary School 8.0 mi Public PRESCHOOL-5 3 0
      A. C. Corcoran Elementary School 8.0 mi Public PRESCHOOL-5 1 0
      Fort Johnson Middle School 8.5 mi Public 6-8 5 0
      James Island Middle School 8.8 mi Public 6-8 3 3
      Nativity School 9.1 mi Catholic PRESCHOOL-8 0 0
      Stiles Point Elementary School 9.2 mi Public PRESCHOOL-5 5 0
      Murray Lasaine Elementary School 9.2 mi Public PRESCHOOL-5 2 0
      James Island Charter High School 9.5 mi Public 9-12 5 4
      Septima Clark Corporate Academy 10.4 mi Public 9-12 0 0
      James Island Elementary School 10.8 mi Public PRESCHOOL-5 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Charleston, SC
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.