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Monday, December 23, 2024

Charleston home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Charleston rose by $5,000 while total sales decreased by 6.2%, according to BlockShopper.com.

In November 2019, there were 181 homes sold, with a median sale price of $269,000 - a 1.9% increase over the $264,000 median sale price for the same period of the previous year. There were 193 homes sold in Charleston in November 2018.

The median sales tax in Charleston for 2019 was $1,635. In 2018, the median sales tax was $1,548. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Charleston to other Charleston County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Mount Pleasant138139-0.7%$407,500$400,0001.9%
Ravenel31200%$405,000$24,5001553.1%
James Island714-50%$359,900$327,5009.9%
Seabrook Island12119.1%$310,000$510,000-39.2%
Chesterfield12-50%$270,000$314,000-14%
Charleston181193-6.2%$269,000$264,0001.9%
Pierpont10-$268,000$0-
Adams Run12-50%$265,500$133,50098.9%
Fenwick Hills220%$252,250$265,700-5.1%
Green Acres14-75%$240,000$294,112-18.4%
Church Creek30-$238,000$0-

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