Is Charleston, SC 29403 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Charleston is a seller’s market. With about 3.8 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score25/ 100

More competitive than 20% of U.S. ZIP codes, and #121 of 191 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.8Under 4 months = seller’s market
Sold above original list13%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$586▼ −1.1% vs. last year

The Charleston housing market right now

In the three months ending August 31, 2026, 13% of homes in Charleston, SC 29403 sold above their list price, the typical home went under contract in 64 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (74 days then) and the median sale price held steady to $964,583. Overall, Charleston is more competitive than a year ago, so tougher for buyers.

Within Charleston County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Charleston ranks #121 of 191 SC ZIP codes with enough sales (score 25 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.

Nearby markets

Adams Run 29426Seller’s market $295 /sq ftAwendaw 29429Balanced $343 /sq ftCharleston 29401Balanced $1,028 /sq ftCharleston 29406Balanced $209 /sq ft Browse all markets →

Where Charleston is

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Questions about Charleston real estate

Is Charleston a buyer’s or seller’s market?

A seller’s market: there were 3.8 months of supply in Charleston, SC 29403 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Charleston?

The typical home went under contract in 64 days in the latest three months.

Do homes in Charleston sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Charleston?

About 0.39% of a home’s value a year in Charleston County, or roughly $1,560 on a $400,000 home.

What is the median home price in Charleston?

The median sale price was $964,583 in the three months ending August 31, 2026, about $586 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology