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Wednesday, September 25, 2024

North Charleston home prices rise in August 2018

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The median sale price of a home sold in August 2018 in North Charleston rose by $16,550 while total sales increased by 1.2%, according to BlockShopper.com.

In August 2018, there were 87 homes sold, with a median sale price of $150,000 - a 12.4% increase over the $133,450 median sale price for the same period of the previous year. There were 86 homes sold in North Charleston in August 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 August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Chesterfield110%$301,500$255,00018.2%
James Island131030%$285,000$294,500-3.2%
Drayton110%$285,000$220,00029.5%
Hollywood24-50%$258,500$382,125-32.4%
Melrose110%$224,900$165,00036.3%
North Pine Point10-$178,000$0-
Summerville38-62.5%$170,000$206,750-17.8%
North Charleston87861.2%$150,000$133,45012.4%
Ponderosa12-50%$90,400$157,500-42.6%
Ladson41300%$84,000$40,000110%
Lincolnville30-$80,000$0-

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