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Thursday, November 28, 2024

September 2021: Charleston experienced a 27.1% increase in median home prices

Realestate1

The median sale price of a home sold in September 2021 in Charleston rose by $87,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In September 2021, there were 152 homes sold, with a median sale price of $410,000 - a 27.1% increase over the $322,500 median sale price for the same period of the previous year. There were 266 homes sold in Charleston in September 2020.

The median sales tax in Charleston for the most recent year with available data, 2019, was $1,635, approximately 0.4% of the median home sale price for September 2021.

The following table compares Charleston to other Charleston County cities with similar median sale prices in September 2021:

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Riverland Terrace110%$510,000$310,00064.5%
James Island826-69.2%$490,500$352,50039.1%
North Pine Point20-$490,000$0-
Ashley Forest110%$450,000$345,00030.4%
Edisto Island42100%$422,500$369,80014.3%
Charleston152266-42.9%$410,000$322,50027.1%
Cedar Springs10-$389,000$0-
Adams Run110%$385,000$342,00012.6%
Plantation Estates12-50%$300,000$221,40535.5%
Summerville47-42.9%$272,500$224,30021.5%
Ladson35-40%$231,900$123,00088.5%

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