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Friday, September 27, 2024

North Charleston home prices rise in August 2017

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The median sale price of a home sold in August 2017 in North Charleston rose by $18,450 while total sales decreased by 25.2%, according to BlockShopper.com.

In August 2017, there were 86 homes sold, with a median sale price of $133,450 - a 16% increase over the $115,000 median sale price for the same period of the previous year. There were 115 homes sold in North Charleston in August 2016.

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 2017.

The following table compares North Charleston to other Charleston County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Chesterfield12-50%$255,000$183,87538.7%
Secessionville Acres31200%$250,000$150,00066.7%
Edisto Island3250%$249,000$158,00057.6%
Drayton12-50%$220,000$236,750-7.1%
Pierpont220%$219,028.50$155,93840.5%
Summerville811-27.3%$206,750$139,90047.8%
Melrose10-$165,000$0-
Ponderosa21100%$157,500$238,000-33.8%
Adams Run34-25%$153,000$75,000104%
North Charleston86115-25.2%$133,450$115,00016%
Ladson18-87.5%$40,000$99,500-59.8%

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