North Charleston home prices fall in October 2018

North Charleston home prices fall in October 2018
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The median sale price of a home sold in October 2018 in North Charleston fell by $3,650 while total sales increased by 3.4%, according to BlockShopper.com.

In October 2018, there were 60 homes sold, with a median sale price of $135,250 – a 2.6% decrease over the $138,900 median sale price for the same period of the previous year. There were 58 homes sold in North Charleston in October 2017.

The median sales tax in North Charleston for the most recent year with available data, 2015, was $729, approximately 0.5% of the median home sale price for October 2018.

The following table compares North Charleston to other Charleston County cities with similar median sales prices in October 2018:

City Oct. 2018 Home Sales Oct. 2017 Home Sales % change (Total Home Sales) Oct. 2018 Median Sales Price Oct. 2017 Median Sales Price % change (Median Sales Price)
Edisto Island 4 3 33.3% $257,950 $920,000 -72%
Laurel Park 1 0 $236,000 $0
Meggett 1 1 0% $221,000 $900,000 -75.4%
Drayton 2 0 $212,500 $0
Summerville 5 7 -28.6% $209,500 $153,500 36.5%
Ponderosa 1 1 0% $197,000 $40,000 392.5%
North Charleston 60 58 3.4% $135,250 $138,900 -2.6%
Ladson 2 1 100% $100,000 $100,000 0%
Adams Run 1 0 $75,000 $0
Wildwood 2 1 100% $65,000 $115,000 -43.5%
Fenwick Hills 1 0 $15,000 $0


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