Is Charleston, SC 29401 a buyer’s or seller’s market?

The Charleston housing market right now

In the three months ending August 31, 2026, 10% of homes in Charleston, SC 29401 sold above their list price, the typical home went under contract in 64 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 81 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold faster (76 days then) and the median sale price rose 65% to $2,149,070. Overall, Charleston is about as competitive as it was a year ago.

Within Charleston County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Charleston ranks #136 of 191 SC ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Wadmalaw Island 29487 (0% sold over asking) or Sullivans Island 29482 (0% sold over asking), while Charleston 29407 (17% sold over asking) and Awendaw 29429 (17% sold over asking) are even more competitive.