Condo Foreclosures in Charleston, SC 29423

Current Market Conditions in Charleston, SC

The Charleston real estate market has experienced a strong demand over the past year, with home values continuing to rise due to a combination of low inventory and high buyer interest. The community is becoming increasingly attractive to those relocating for work or lifestyle changes, leading to competitive bidding situations and quicker sales.

Recent trends indicate a healthy increase in property values, with many neighborhoods seeing greater than average appreciation rates compared to the national average. Diversity in housing options continues to appeal to a wide range of buyers, from historical homes in the downtown area to modern developments and suburban properties.

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.