Charleston County, South Carolina Housing Market

In Charleston County, South Carolina, the median home value is $489,100, with a median monthly rent of $1,620. This places Charleston County at #145 nationally out of 3134 counties by median home value, and #1 within South Carolina.

Median Home Value $489,100
Median Rent $1,620/mo
Owner Occupancy 63.9%
Price/Rent Ratio 25.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Charleston County rose +2.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

232,587
jobs (private sector)
  • Avg weekly wage: $1,362
  • Establishments: 22,398
  • BLS QCEW, 2025
🏗️

Housing Supply

3,392
new units authorized (2025)
  • Single-family: 2,401
  • Multi-family: 991
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+9440
net migration (filers, 2021-2022)
  • Inflow: 172,546 (avg $145,760)
  • Outflow: 163,106 (avg $145,226)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Charleston County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 29401 419.1 — 2025
2 29429 330.9 — 2025
3 29470 414.8 — 2025
4 29438 313.8 -6.96% 2025
5 29449 297.1 -16.70% 2025
6 29487 331.3 +4.19% 2025
7 29403 539.2 +7.70% 2025
8 29412 404.7 +3.54% 2025
9 29464 465.7 +5.22% 2025
10 29466 341.6 +8.43% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Charleston County Compares

MetricCharleston CountySouth Carolina AverageU.S. Average
Median Home Value $489,100 $199,732 $227,706
Median Gross Rent $1,620 $984 $968
Owner Occupancy Rate 63.9% 73.2% 73.3%
Price/Rent Ratio 25.2 16.3 18.7

Market Analysis

The median home value in Charleston County is 144.9% above the South Carolina state average and 114.8% above the U.S. national average. The median rent of $1,620/month is 64.6% above the state average.

With a price-to-rent ratio of 25.2, Charleston County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Charleston County has an owner-occupancy rate of 63.9%, compared to 73.2% in South Carolina and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
St. Johns County Florida $489,200 $1,922
Chelan County Washington $490,100 $1,226
Bonner County Idaho $487,900 $1,122
Charlottesville city Virginia $486,700 $1,540
Chester County Pennsylvania $485,600 $1,763

Other Counties in South Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Beaufort County $455,600 $1,653 75.9%
York County $361,300 $1,387 74.5%
Lancaster County $329,900 $959 83.3%
Dorchester County $329,300 $1,463 75.5%
Jasper County $325,500 $1,328 77.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).