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Wednesday, September 25, 2024

North Charleston home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in North Charleston rose by $10,000 while total sales decreased by 25.8%, according to BlockShopper.com.

From April through June of 2018, there were 207 homes sold, with a median sale price of $135,000 - a 8% increase over the $125,000 median sale price for the same period of the previous year. There were 279 homes sold in North Charleston in the second quarter of 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 the second quarter of 2018.

The following table compares North Charleston to other Charleston County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Plantation Estates34-25%$232,000$214,0008.4%
Summerville14140%$193,500$203,000-4.7%
Ravenel5425%$179,000$127,00040.9%
Melrose10-$175,190$0-
Ponderosa24-50%$173,700$229,500-24.3%
Castlewood110%$164,000$180,000-8.9%
Church Creek21100%$153,500$190,000-19.2%
North Charleston207279-25.8%$135,000$125,0008%
Ladson1113-15.4%$132,000$110,00020%
Fenwick Hills23-33.3%$130,000$234,900-44.7%
Adams Run660%$126,867$68,75084.5%

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