Charleston housing market
Typical home value
$437K
▼ 0.2% 1 yr
Typical rent
$2,037/mo
▲ 4.4% 1 yr
12-month forecast
+1.0%
#390 of 546 metros
Gross rent yield
5.6%
#327 of 546 · U.S. 6.3%
Days to pending
84 days
▲ +12 days 1 yr
Listings with a price cut
28%
▲ +0.6 pts 1 yr
Key takeaways
- 1The typical home is worth $437,474, down 0.2% in a year and up 26% over five years.
- 2Zillow forecasts home values rising 1.0% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $2,037/mo (+4.4% YoY), a 5.6% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,404/mo in principal and interest, $367 more than renting.
- 5Homes go under contract in 84 days (+12 days vs last year); 28% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 26/100, #487 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Charleston compares
| Measure | Charleston | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −0.2% | +1.2% | #465 |
| Home value, 5-yr change | +26.4% | +19.7% | |
| 12-month forecast | +1.0% | +1.1% | #390 |
| Rent, 1-yr change | +4.4% | +2.7% | #153 |
| Gross rent yield | 5.6% | 6.3% | #327 |
| Price-to-rent ratio | 17.9 | 15.8 | |
| Mortgage P&I on typical home | $2,404 | $2,012 | |
| Income needed to buy | $114,463 | $100,902 | |
| Days to pending | 84 | 56 |
Cities in the Charleston metro
8 cities with home value and rent data.
| Charleston | $588K | ▲ 1.4% | $2,288 | ▲ 4.8% | 4.7% |
| Summerville | $380K | ▼ 0.5% | $1,892 | ▲ 4.8% | 6.0% |
| North Charleston | $309K | ▼ 1.3% | $1,742 | ▲ 3.1% | 6.8% |
| Mount Pleasant | $872K | ▲ 1.6% | $2,441 | ▲ 5.1% | 3.4% |
| Goose Creek | $324K | ▼ 0.1% | $1,861 | ▲ 5.9% | 6.9% |
| Moncks Corner | $373K | ▲ 1.1% | $2,195 | ▲ 4.3% | 7.1% |
| Ladson | $314K | ▼ 1.4% | $1,665 | ▲ 2.8% | 6.4% |
| Hanahan | $416K | ▲ 0.1% | $1,696 | ▲ 5.5% | 4.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Charleston rental ($437K, $2,037/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Charleston home.
Rent vs buy
Is it cheaper to rent or buy in Charleston?
Other South Carolina metros
Greenville, SC
$312K home$1,566 rent6.0% yield
▲ 1.4% 1 yr
Columbia, SC
$253K home$1,557 rent7.4% yield
▲ 1.6% 1 yr
Myrtle Beach, SC
$340K home$1,722 rent6.1% yield
▲ 0.6% 1 yr
Spartanburg, SC
$275K home$1,475 rent6.4% yield
▲ 1.1% 1 yr
Hilton Head Island, SC
$522K home$1,971 rent4.5% yield
▲ 0.7% 1 yr
Florence, SC
$193K home$1,516 rent9.4% yield
▲ 5.5% 1 yr
Sumter, SC
$200K home$1,467 rent8.8% yield
▲ 0.9% 1 yr
Orangeburg, SC
$163K home$1,180 rent8.7% yield
▲ 4.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.