North Charleston, South Carolina Housing Market Prices
North Charleston 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 18% above the South Carolina median$282,140
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Median rent 20% above the South Carolina median$1,419
Housing Market Overview
| Metric | North Charleston | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $282,140 | $239,609 | $248,835 |
| Price Trend (Annual %) | 11.7% | 8.9% | 7.5% |
| Median Gross Rent | $1,419 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 5.8% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in North Charleston is about 18% higher than in South Carolina. Rent is about 20% 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 North Charleston, up about 11.7% and 5.8% a year respectively. Home prices are changing faster.
Median rent in North Charleston rose about 60.2% between 2015 and 2024, from $886 to $1,419. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in North Charleston.
Buying the median-priced home in North Charleston costs roughly 16.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in North Charleston. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | North Charleston | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $282,140 | $239,609 | $248,835 |
| Median Household Income | $64,619 | $69,383 | $80,455 |
| Price-to-Income Ratio | 4.4 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in North Charleston rose about 174.6%, while median household income rose about 60.2% 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 | North Charleston | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.1% | 62.3% | 58.5% |
| Rental Rate | 44.1% | 24.4% | 31.2% |
| Vacancy Rate | 9.9% | 13.3% | 10.2% |
| Median Tenure (years) | 11.0 | 15.0 | 15.0 |
| Median Year Moved In | 2015 | 2011 | 2011 |
North Charleston has a homeownership rate of 46.1%, lower than the South Carolina average of 62.3%. Its housing vacancy rate is 9.9%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | North Charleston | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1991 | 1990 | 1978 |
| Median Number of Rooms | 5.0 | 5.7 | 5.5 |
The typical housing unit in North Charleston was built around 1991. On average, 2.4 people live in a home with about 5.0 rooms, staying for about 11.0 years on average.
North Charleston, SC Housing Compared With Nearby Cities
How North Charleston, SC compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| North Charleston, SC | 123,884 | $282,140 #2/3 | $1,419 #2/3 | 51.1% #3/3 |
| Hanahan, SC | 21,136 | $259,261 | $1,382 | 66.3% |
| Goose Creek, SC | 42,757 | $321,076 | $1,724 | 71.6% |
Frequently Asked Questions
Common questions about the housing market in North Charleston, South Carolina.
What is the median home price in North Charleston, South Carolina?
The median home price in North Charleston, South Carolina is $282,140, higher than the South Carolina average of $239,609.
What is the average home price in North Charleston, South Carolina?
The typical home price in North Charleston, South Carolina, reported as the median sale price, is $282,140. 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 North Charleston, South Carolina?
The median gross rent in North Charleston, South Carolina is $1,419 per month, higher than the South Carolina average of $1,179.
What was the median gross rent in North Charleston in 2020?
In 2020, the median gross rent in North Charleston, South Carolina was $1,082 per month.
What is the price-to-rent ratio in North Charleston, South Carolina?
The price-to-rent ratio in North Charleston, South Carolina is about 16.6, meaning it would take roughly 16.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in North Charleston.
Are home prices or rent rising faster in North Charleston, South Carolina?
Both home prices and rent are rising in North Charleston, up about 11.7% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in North Charleston, South Carolina?
46.1% of households in North Charleston, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in North Charleston, South Carolina?
The housing vacancy rate in North Charleston, South Carolina is 9.9%, lower than the South Carolina average of 13.3%.
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