Berkeley County, South Carolina Housing Market Prices
Berkeley County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 22% above the South Carolina median More expensive than 89% of counties in South Carolina$293,174
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Median rent 40% above the South Carolina median Among the 3 most expensive counties in South Carolina$1,651
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Berkeley County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $293,174 | $239,609 | $248,835 |
| Price Trend (Annual %) | 12.4% | 8.9% | 7.5% |
| Median Gross Rent | $1,651 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Berkeley County is about 22% higher than in South Carolina. Rent is about 40% higher than the South Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Berkeley County, up about 12.4% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Berkeley County rose about 68.4% between 2015 and 2024, from $980 to $1,651. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Berkeley County.
Buying the median-priced home in Berkeley County costs roughly 14.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Berkeley County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Berkeley County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $293,174 | $239,609 | $248,835 |
| Median Household Income | $84,225 | $69,383 | $80,455 |
| Price-to-Income Ratio | 3.5 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Berkeley County rose about 99.1%, while median household income rose about 61.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Berkeley County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.5% | 62.3% | 58.5% |
| Rental Rate | 23.6% | 24.4% | 31.2% |
| Vacancy Rate | 6.8% | 13.3% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Berkeley County has a homeownership rate of 69.5%, higher than the South Carolina average of 62.3%. Its housing vacancy rate is 6.8%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Berkeley County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1997 | 1990 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Berkeley County was built around 1997. On average, 2.6 people live in a home with about 5.9 rooms, staying for about 14.0 years on average.
Berkeley County, SC Housing Compared With Nearby Counties
Berkeley County, SC is the 2nd largest of the 4 counties compared here, 246,888 residents against a local median of 166,443. Where Berkeley County, SC breaks from the counties next to it is median home price, sitting 16% above the local median of $252,872 at $293,174.
The counties themselves spread $252,817 on median home price, so Berkeley County, SC sits at one end of an already wide local range rather than apart from it. Berkeley County, SC has the 2nd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Berkeley County, SC | 246,888 | $293,174 #2/4 | $1,651 #1/4 | 74.6% #3/4 |
| Charleston County, SC | 420,867 | $482,575 | $1,621 | 63.9% |
| Dorchester County, SC | 166,443 | $229,758 | $1,463 | 75.5% |
| Georgetown County, SC | 64,818 | $252,872 | $1,203 | 84.0% |
Frequently Asked Questions
Common questions about the housing market in Berkeley County, South Carolina.
What is the median home price in Berkeley County, South Carolina?
The median home price in Berkeley County, South Carolina is $293,174, higher than the South Carolina average of $239,609.
What is the average home price in Berkeley County, South Carolina?
The typical home price in Berkeley County, South Carolina, reported as the median sale price, is $293,174. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Berkeley County, South Carolina?
The median gross rent in Berkeley County, South Carolina is $1,651 per month, higher than the South Carolina average of $1,179.
What was the median gross rent in Berkeley County in 2020?
In 2020, the median gross rent in Berkeley County, South Carolina was $1,161 per month.
What is the price-to-rent ratio in Berkeley County, South Carolina?
The price-to-rent ratio in Berkeley County, South Carolina is about 14.8, meaning it would take roughly 14.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Berkeley County.
Are home prices or rent rising faster in Berkeley County, South Carolina?
Both home prices and rent are rising in Berkeley County, up about 12.4% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Berkeley County, South Carolina?
69.5% of households in Berkeley County, South Carolina own their home, higher than the South Carolina average of 62.3%.
What is the vacancy rate in Berkeley County, South Carolina?
The housing vacancy rate in Berkeley County, South Carolina is 6.8%, lower than the South Carolina average of 13.3%.
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