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Saturday, November 23, 2024

North Charleston home prices rise in October 2019

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The median sale price of a home sold in October 2019 in North Charleston rose by $34,000 while total sales increased by 29.6%, according to BlockShopper.com.

In October 2019, there were 105 homes sold, with a median sale price of $159,000 - a 27.2% increase over the $125,000 median sale price for the same period of the previous year. There were 81 homes sold in North Charleston in October 2018.

The median sales tax in North Charleston for 2019 was $821. In 2018, the median sales tax was $826. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.5%.

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

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Charleston158173-8.7%$287,000$290,000-1%
Fenwick Hills110%$277,000$15,0001746.7%
Ponderosa110%$276,000$197,00040.1%
Seabrook Island1113-15.4%$256,500$329,000-22%
Secessionville Acres10-$254,000$0-
Capri Isles10-$230,000$0-
Summerville10742.9%$225,500$209,5007.6%
Long Branch Estates10-$187,500$0-
Ladson7540%$163,000$118,90037.1%
North Charleston1058129.6%$159,000$125,00027.2%
Riverland Terrace12-50%$51,000$370,000-86.2%

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