From January through December of 2019, there were 3,134 homes sold, with a median sale price of $309,950 - a 4.2% increase over the $297,500 median sale price for the previous year. There were 2,387 homes sold in Charleston in 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 0.5%.
The following table compares Charleston to other Charleston County cities with similar median sales prices in 2019:
City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hollywood | 95 | 80 | 18.8% | $340,000 | $307,500 | 10.6% |
James Island | 199 | 184 | 8.2% | $322,000 | $306,750 | 5% |
Ravenel | 22 | 26 | -15.4% | $319,000 | $167,000 | 91% |
Cedar Springs | 9 | 10 | -10% | $317,500 | $284,750 | 11.5% |
Secessionville Acres | 7 | 7 | 0% | $312,000 | $345,100 | -9.6% |
Charleston | 3,134 | 2,387 | 31.3% | $309,950 | $297,500 | 4.2% |
Forest Lakes | 6 | 2 | 200% | $306,250 | $347,450 | -11.9% |
Plantation Estates | 5 | 5 | 0% | $290,000 | $229,000 | 26.6% |
Drayton | 6 | 14 | -57.1% | $283,000 | $262,500 | 7.8% |
Awendaw | 13 | 13 | 0% | $278,000 | $335,000 | -17% |
Chesterfield | 6 | 10 | -40% | $274,500 | $303,250 | -9.5% |