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Thursday, September 26, 2024

North Charleston home prices rise in February 2018

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The median sale price of a home sold in February 2018 in North Charleston rose by $16,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In February 2018, there were 45 homes sold, with a median sale price of $127,000 - a 14.4% increase over the $111,000 median sale price for the same period of the previous year. There were 63 homes sold in North Charleston in February 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 February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Drayton21100%$241,000$255,000-5.5%
Summerville35-40%$195,000$170,00014.7%
Landsdowne10-$195,000$0-
Church Creek10-$190,000$0-
Whitehall Terrace10-$170,170$0-
Ponderosa10-$135,000$0-
North Charleston4563-28.6%$127,000$111,00014.4%
Ladson21100%$120,250$143,000-15.9%
Long Branch Estates10-$120,000$0-
Ravenel10-$83,372$0-
Hollywood31200%$12,000$30,000-60%

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