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  1. Home
  2. /Browse ZIP Codes
  3. /South Carolina
  4. /Charleston, SC - 29403

Charleston, SC—29403

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$866,000
4.1% YoY Growth
Household Income
$65,700
56.1% YoY Growth
Days on Market
42
4.0% Shorter YoY
Home Price Forecast
2.1%
Median Rent
$2,800
6.8% YoY Growth
1-Bed Rent
$2,240
7.6% YoY Growth
2-Bed Rent
$3,210
18.0% YoY Growth
3-Bed Rent
$4,250
3.6% YoY Growth

Other Zip Codes in Charleston, SC

294552941429492294122940729401
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Charleston, SC

As of May '26, the median home price in Charleston, SC is $866,000, with a year-over-year change of 4.1%. This indicates that home prices in Charleston, SC are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$866,0004.1%
Single Family $920,0004.9%
Condos $534,0000.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • $431,000
    -3.6%
    2 Bed
    $646,0004.2%
    3 Bed
    $908,0004.7%
    4 Bed
    $1,134,0006.2%
    5 Bed $1,533,5607.1%
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    % of Housing Stock

    Studio
    5.1%
    1 Bedroom
    18.0%
    2 Bedrooms
    35.6%
    3 Bedrooms
    29.3%
    4 Bedrooms
    10.8%
    5+ Bedrooms
    1.1%

    Rental Trends — Charleston, SC

    As of July '25, Rentcast reports the average rent in Charleston, SC is $3,030, with a year-over-year rent change of -6.8%. Per bedroom, the median rent as of July '25 in Charleston, SC is studios: $2,120, 1-bedrooms: $2,400, 2-bedrooms: $3,280, 3-bedrooms: $4,280, 4-bedrooms: $5,000. The most common rental property sizes in Charleston, SC are 2-bedroom and 1-bedroom, accounting for 42.9% and 25.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,800$3,030
    Studio Rent $1,950$2,120
    1 Bed Rent $2,240$2,400
    2 Bed Rent $3,210$3,280
    3 Bed Rent $4,250$4,280
    4 Bed Rent $5,000$5,000
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    % of Rental Stock

    Studio
    5.3%
    1 Bedroom
    25.3%
    2 Bedrooms
    42.9%
    3 Bedrooms
    18.2%
    4 Bedrooms
    8.2%
    5+ Bedrooms
    0.1%

    Property Listings — Charleston, SC

    As of May '26, Realtor.com reports that the median days on market for a home in Charleston, SC is 42. This is a decrease of -4.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $1,060,0004.0%
    Listing Count
    136-2.0%
    Listings as % of Homes0.7%-2.0%
    Days on Market
    42-4.0%
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    Demographics — Charleston, SC

    As of the latest ACS Survey released in 2023, Charleston, SC has a population of 22,300, which has increased by 2.0% over the past 5 years. Charleston, SC is a less popular place for families, as children make up 12.7% of the population. The area has a highly educated workforce, with 56.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    22,3002.0%
    % Under 18
    12.7%-13.0%
    % Seniors
    12.4%21.6%
    % WFH
    18.5%302.2%
    % w/ College Degree
    56.7%21.7%
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    As of the latest ACS Survey released in 2023, Charleston, SC is a predominantly white area, with 58.4% of the population identifying as white. The white population has grown by 14.1% in the last 5 years. The second most common race or ethnicity in Charleston, SC is black, making up 34.4% of the population. Foreign-born residents account for 3.0% of the population in Charleston, SC, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    58.4%14.1%
    % Black
    34.4%-22.3%
    % Hispanic
    3.7%76.2%
    % Asian
    1.2%20.0%
    % Foreign Born
    3.0%20.0%
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    Mortgage and Risk — Charleston, SC

    According to HUD data as of 2023, there were 317 mortgage originations in Charleston, SC, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Charleston, SC. Investor activity is low, as 9.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    317
    % Conventional Loans
    92.0%
    % Government Loans
    8.0%
    % Investor Loans
    9.0%
    % Second Loans
    7.0%
    % Cash Out Refinance
    7.0%
    Loading chart...
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    Rentals and Section 8 — Charleston, SC

    As of 2024, the percent of homes in Charleston, SC under the Section 8 program is 9.2%. 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 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
    1,787
    Total Units Section 8
    661
    % Rentals under Section 8
    9.2%
    % Occupied Section 8
    87.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$190$2,240$2,050
    2 Bedroom-$940$3,210$2,270
    3 Bedroom-$1,440$4,250$2,810
    4 Bedroom-$1,690$5,000$3,310

    Affordability — Charleston, SC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio10.8
    Median Home Price$866,000
    Median Household Income$65,700

    Charleston, SC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Gadsden Green Homes

    29409

    Wragg Borough Homes

    29424

    Charleston, SC

    29401

    Charleston, SC

    29407

    North Charleston, SC

    29405

    Frequently Asked Questions