North Charleston, SC—29420
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 $333,000, with a year-over-year change of -0.8%. This indicates that home prices in North Charleston, SC are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | -0.8% |
| Single Family | $335,000 | -1.2% |
| Condos | $296,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $240,000 | -5.5% |
3 Bed | $303,000 | -1.3% |
4 Bed | $421,000 | 1.0% |
| 5 Bed | $592,000 | 3.5% |
% of Housing Stock
Rental Trends — North Charleston, SC
As of July '25, Rentcast reports the average rent in North Charleston, SC is $1,770, with a year-over-year rent change of -18.4%. Per bedroom, the median rent as of July '25 in North Charleston, SC is studios: $1,440, 1-bedrooms: $1,580, 2-bedrooms: $1,840, 3-bedrooms: $2,060, 4-bedrooms: $2,440. The most common rental property sizes in North Charleston, SC are 2-bedroom and 3-bedroom, accounting for 36.9% and 35.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,770 |
| Studio Rent | $1,420 | $1,440 |
| 1 Bed Rent | $1,570 | $1,580 |
| 2 Bed Rent | $1,800 | $1,840 |
| 3 Bed Rent | $2,040 | $2,060 |
| 4 Bed Rent | $2,500 | $2,440 |
% 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 51. This is a decrease of -12.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 0.0% |
Listing Count | 116 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 51 | -12.0% |
Demographics — North Charleston, SC
As of the latest ACS Survey released in 2023, North Charleston, SC has a population of 23,300, which has increased by 3.1% over the past 5 years. North Charleston, SC is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,300 | 3.1% |
% Under 18 | 23.2% | 1.3% |
% Seniors | 11.6% | 9.4% |
% WFH | 9.6% | 60.0% |
% w/ College Degree | 30.8% | -2.2% |
As of the latest ACS Survey released in 2023, North Charleston, SC is a predominantly white area, with 41.4% of the population identifying as white. The white population has shrunk by 16.2% in the last 5 years. The second most common race or ethnicity in North Charleston, SC is black, making up 39.7% of the population. Foreign-born residents account for 10.1% of the population in North Charleston, SC, and this percentage has increased by 26.2% 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 | 41.4% | -16.2% |
% Black | 39.7% | 10.9% |
% Hispanic | 11.3% | 59.2% |
% Asian | 4.8% | 4.3% |
% Foreign Born | 10.1% | 26.2% |
Mortgage and Risk — North Charleston, SC
According to HUD data as of 2023, there were 581 mortgage originations in North Charleston, SC, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in North Charleston, SC. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 581 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
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 12.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Charleston, SC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 422 |
Total Units Section 8 | 413 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,570 | $1,650 |
| 2 Bedroom | $30 | $1,800 | $1,830 |
| 3 Bedroom | $230 | $2,040 | $2,270 |
| 4 Bedroom | $170 | $2,500 | $2,670 |
Affordability — North Charleston, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $333,000 |
| Median Household Income | $69,000 |