August 2021: Charleston experienced a 16.3% increase in median home prices

August 2021: Charleston experienced a 16.3% increase in median home prices
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The median sale price of a home sold in August 2021 in Charleston rose by $54,050 while total sales decreased by 55.4%, according to BlockShopper.com.

In August 2021, there were 139 homes sold, with a median sale price of $385,000 – a 16.3% increase over the $330,950 median sale price for the same period of the previous year. There were 312 homes sold in Charleston in August 2020.

The median sales tax in Charleston for the most recent year with available data, 2019, was $1,635, approximately 0.4% of the median home sale price for August 2021.

The following table compares Charleston to other Charleston County cities with similar median sale prices in August 2021:

City Aug. 2021 Home Sales Aug. 2020 Home Sales % change (Total Home Sales) Aug. 2021 Median Sales Price Aug. 2020 Median Sales Price % change (Median Sales Price)
Green Acres 1 2 -50% $510,000 $517,500 -1.4%
Seabrook Island 14 41 -65.9% $475,000 $479,000 -0.8%
Landsdowne 1 0 $430,000 $0
James Island 9 31 -71% $405,000 $372,000 8.9%
Cedar Springs 1 0 $395,000 $0
Charleston 139 312 -55.4% $385,000 $330,950 16.3%
Folly Beach 4 12 -66.7% $375,000 $707,500 -47%
Long Branch Estates 1 0 $340,000 $0
Ponderosa 2 0 $314,775 $0
Church Creek 1 1 0% $312,000 $247,000 26.3%
McClellanville 1 3 -66.7% $300,000 $333,000 -9.9%


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