North Charleston, SC 29406 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

View in Interactive Map

North Charleston, SC—29406

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$300,000

2.8% YoY Growth

Household Income

$50,600

44.0% YoY Growth

Days on Market

53

2.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$1,540

12.1% YoY Growth

1-Bed Rent

$1,380

17.5% YoY Growth

2-Bed Rent

$1,580

9.4% YoY Growth

3-Bed Rent

$1,920

5.3% YoY Growth

Other Zip Codes in North Charleston, SC

29420 29405 29418

Home Price Trends — North Charleston, SC

As of May '26, the median home price in North Charleston, SC is $300,000, with a year-over-year change of -2.8%. This indicates that home prices in North Charleston, SC are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$300,000	-2.8%
Single Family	$308,000	-2.5%
Condos	$169,000	-7.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

Loading chart...

% of Rental Stock

Studio

5.0%

1 Bedroom

28.1%

2 Bedrooms

48.8%

3 Bedrooms

15.3%

4 Bedrooms

2.7%

5+ Bedrooms

0.1%

Property Listings — North Charleston, SC

As of May '26, Realtor.com reports that the median days on market for a home in North Charleston, SC is 53. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$320,000	6.0%
Listing Count	114	24.0%
Listings as % of Homes	0.4%	24.0%
Days on Market	53	-2.0%

Loading chart...

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%

Loading chart...

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%

Loading chart...

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%

Loading chart...

Loading chart...

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