Single-family Foreclosures in Charleston, SC 29407

Current Market Conditions in Charleston, SC

The real estate market in Charleston has been experiencing a steady increase in demand, driven by both local and out-of-state buyers. The area's historical appeal, along with its modern amenities, continues to attract families and retirees alike.

As of late 2023, the average home prices have seen a moderate rise compared to last year, although inventory remains tight. New developments are underway to cater to the growing population, providing an emerging market for investors.

Rent Prices In Charleston, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Charleston, SC, is on a rollercoaster ride. The average rent price in Charleston, SC, is $1,670.00. Indeed, when looking to rent in Charleston, SC, you can expect to pay as little as $580.00 or as much as $6,020.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Charleston, SC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.