North Charleston, SC—29405
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Charleston, SC
As of Oct '25, the median home price in North Charleston, SC is $306,000, with a year-over-year change of -2.7%. This indicates that home prices in North Charleston, SC are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $306,000 | -2.7% |
| Single Family | $303,000 | -3.2% |
| Condos | $641,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $194,000 | -3.5% |
2 Bed | $216,000 | -5.3% |
3 Bed | $331,000 | -2.4% |
4 Bed | $450,000 | -0.7% |
| 5 Bed | $417,000 | -2.8% |
% of Housing Stock
Rental Trends — North Charleston, SC
As of July '25, Rentcast reports the average rent in North Charleston, SC is $2,010, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in North Charleston, SC is studios: $1,560, 1-bedrooms: $1,700, 2-bedrooms: $2,180, 3-bedrooms: $2,420, 4-bedrooms: $3,090. The most common rental property sizes in North Charleston, SC are 2-bedroom and 3-bedroom, accounting for 39.0% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,860 | $2,010 |
| Studio Rent | $1,680 | $1,560 |
| 1 Bed Rent | $1,830 | $1,700 |
| 2 Bed Rent | $2,250 | $2,180 |
| 3 Bed Rent | $2,300 | $2,420 |
| 4 Bed Rent | $3,000 | $3,090 |
% of Rental Stock
Property Listings — North Charleston, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in North Charleston, SC is 43. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | -7.0% |
Listing Count | 174 | 23.0% |
| Listings as % of Homes | 0.7% | 23.0% |
Days on Market | 43 | 17.0% |
Demographics — North Charleston, SC
As of the latest ACS Survey released in 2023, North Charleston, SC has a population of 26,700, which has decreased by -10.0% over the past 5 years. North Charleston, SC is a moderately popular place for families, as children make up 18.3% of the population. The area has a moderately educated workforce, with 26.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,700 | -10.0% |
% Under 18 | 18.3% | -13.3% |
% Seniors | 17.1% | 32.6% |
% WFH | 10.7% | 161.0% |
% w/ College Degree | 26.9% | 65.0% |
As of the latest ACS Survey released in 2023, North Charleston, SC is a predominantly black area, with 57.5% of the population identifying as black. The black population has shrunk by 13.7% in the last 5 years. The second most common race or ethnicity in North Charleston, SC is white, making up 34.4% of the population. Foreign-born residents account for 3.6% of the population in North Charleston, SC, and this percentage has decreased by 2.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.4% | 30.3% |
% Black | 57.5% | -13.7% |
% Hispanic | 5.1% | 27.5% |
% Asian | 0.7% | 133.3% |
% Foreign Born | 3.6% | -2.7% |
Mortgage and Risk — North Charleston, SC
According to HUD data as of 2023, there were 418 mortgage originations in North Charleston, SC, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in North Charleston, SC. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 418 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 10.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — North Charleston, SC
As of 2024, the percent of homes in North Charleston, SC under the Section 8 program is 25.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Charleston, SC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,529 |
Total Units Section 8 | 1,467 |
% Rentals under Section 8 | 25.5% |
% Occupied Section 8 | 90.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$460 | $1,830 | $1,370 |
| 2 Bedroom | -$730 | $2,250 | $1,520 |
| 3 Bedroom | -$420 | $2,300 | $1,880 |
| 4 Bedroom | -$780 | $3,000 | $2,220 |
Affordability — North Charleston, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $306,000 |
| Median Household Income | $54,600 |