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Tuesday, September 24, 2024

North Charleston home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in North Charleston rose by $19,300 while total sales decreased by 3.7%, according to BlockShopper.com.

From January through March of 2019, there were 183 homes sold, with a median sale price of $158,750 - a 13.8% increase over the $139,450 median sale price for the same period of the previous year. There were 190 homes sold in North Charleston in the first quarter of 2018.

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 the first quarter of 2019.

The following table compares North Charleston to other Charleston County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Lincolnville20-$231,000$0-
Adams Run46-33.3%$230,650$128,23279.9%
Pierpont31200%$230,000$95,000142.1%
North Pine Point20-$210,000$0-
Summerville1314-7.1%$186,336$192,500-3.2%
Ponderosa5366.7%$167,000$219,000-23.7%
North Charleston183190-3.7%$158,750$139,45013.8%
Awendaw14-75%$155,000$200,800-22.8%
Fenwick Hills10-$150,000$0-
Ladson164300%$142,200$120,25018.3%
Wildwood110%$117,000$95,00023.2%

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