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Palmetto State News

Wednesday, September 25, 2024

North Charleston home prices fall in November 2018

Re 10

The median sale price of a home sold in November 2018 in North Charleston fell by $7,393 while total sales increased by 41.2%, according to BlockShopper.com.

In November 2018, there were 96 homes sold, with a median sale price of $127,500 - a 5.5% decrease over the $134,893 median sale price for the same period of the previous year. There were 68 homes sold in North Charleston in November 2017.

The median sales tax in North Charleston for the most recent year with available data, 2015, was $729, approximately 0.6% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Drayton12-50%$265,000$316,000-16.1%
Charleston16913921.6%$259,000$275,000-5.8%
Laurel Park10-$250,000$0-
Fenwick Hills10-$248,900$0-
Lincolnville21100%$210,000$176,50019%
Summerville42100%$204,750$161,50026.8%
Ponderosa12-50%$166,700$251,000-33.6%
Ladson34-25%$150,000$150,0000%
North Charleston966841.2%$127,500$134,892.50-5.5%
Adams Run110%$90,000$56,70058.7%
Ravenel110%$24,500$424,000-94.2%

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