North Charleston, SC—29406
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 $292,000, with a year-over-year change of -2.9%. This indicates that home prices in North Charleston, SC are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $292,000 | -2.9% |
| Single Family | $299,000 | -3.2% |
| Condos | $171,000 | -8.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $197,000 | -4.4% |
3 Bed | $300,000 | -3.8% |
4 Bed | $352,000 | -3.6% |
| 5 Bed | $399,000 | -2.0% |
% of Housing Stock
Rental Trends — North Charleston, SC
As of July '25, Rentcast reports the average rent in North Charleston, SC is $1,600, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in North Charleston, SC is studios: $1,180, 1-bedrooms: $1,410, 2-bedrooms: $1,630, 3-bedrooms: $1,980, 4-bedrooms: $2,370. The most common rental property sizes in North Charleston, SC are 2-bedroom and 1-bedroom, accounting for 48.8% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,540 | $1,600 |
| Studio Rent | $1,000 | $1,180 |
| 1 Bed Rent | $1,380 | $1,410 |
| 2 Bed Rent | $1,580 | $1,630 |
| 3 Bed Rent | $1,920 | $1,980 |
| 4 Bed Rent | $2,400 | $2,370 |
% 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 61. This is a increase of 33.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 3.0% |
Listing Count | 124 | 66.0% |
| Listings as % of Homes | 0.4% | 66.0% |
Days on Market | 61 | 33.0% |
Demographics — North Charleston, SC
As of the latest ACS Survey released in 2023, North Charleston, SC has a population of 32,500, which has decreased by -4.4% over the past 5 years. North Charleston, SC is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,500 | -4.4% |
% Under 18 | 23.7% | -20.7% |
% Seniors | 13.7% | 48.9% |
% WFH | 7.0% | 125.8% |
% w/ College Degree | 22.8% | 50.0% |
As of the latest ACS Survey released in 2023, North Charleston, SC is a predominantly black area, with 40.6% of the population identifying as black. The black population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in North Charleston, SC is white, making up 32.3% of the population. Foreign-born residents account for 14.5% of the population in North Charleston, SC, and this percentage has increased by 13.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.3% | -0.9% |
% Black | 40.6% | -9.2% |
% Hispanic | 19.4% | 2.1% |
% Asian | 2.6% | 116.7% |
% Foreign Born | 14.5% | 13.3% |
Mortgage and Risk — North Charleston, SC
According to HUD data as of 2023, there were 355 mortgage originations in North Charleston, SC, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in North Charleston, SC. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 355 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 16.0% |
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 17.6%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in North Charleston, SC, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,249 |
Total Units Section 8 | 1,236 |
% Rentals under Section 8 | 17.6% |
% Occupied Section 8 | 91.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,380 | $1,480 |
| 2 Bedroom | $60 | $1,580 | $1,640 |
| 3 Bedroom | $110 | $1,920 | $2,030 |
| 4 Bedroom | -$10 | $2,400 | $2,390 |
Affordability — North Charleston, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $292,000 |
| Median Household Income | $50,600 |