Charleston, October 27, 2025
News Summary
The Charleston real estate market is experiencing significant fluctuations with median home prices in West Ashley at $550,000 and a 14% increase in home sales in September. While the luxury market continues to thrive, certain areas face notable price drops. Homes in good condition are selling rapidly, contrasting with those requiring repairs that linger on the market. St. Patrick Catholic Church also received a substantial grant for renovations, marking a notable development in the area.
Charleston
The Charleston real estate market is experiencing mixed trends with slight price adjustments while luxury sales reach remarkable heights. As of September, the median home price in West Ashley stands at $550,000, reflecting the varied experiences buyers face in the current market. The overall dynamics have been described as akin to “A Dickensian novel,” with significant differences in buyer experiences based on the condition and pricing of homes.
Homes that are well-maintained and competitively priced are often attracting buyers quickly, selling within two weeks. Conversely, properties that are either overpriced or require extensive repairs are languishing on the market, resulting in an average listing period of 49 days—up 25% from the previous year.
In September alone, Charleston County saw a 14% increase in home sales, with 414 single-family homes sold at a median price of $704,000. This reflects a decrease of 3.6% in median sales price when compared to the previous year. In sharp contrast, Dorchester County reported a 5.1% rise in median home price to $399,088, while Berkeley County’s median price also increased by 1.8% to $412,285. Colleton County observed a notable 9% rise, elevating its median price to $315,000.
Notably, certain areas have experienced significant price drops including Kiawah Island, where the median price fell 54% to $1.9 million, and Folly Beach, which decreased by 41% to $1.2 million. Downtown Charleston’s median price dropped by 25% to $1.7 million, and other neighborhoods like James Island, northern Mount Pleasant, and Seabrook Island also reported decreases. In contrast, the Isle of Palms has shown positive trends with an 11% rise in transactions and a 15% increase in median price. Johns Island posted a 26% increase in median price despite reduced sales.
Meanwhile, West Ashley and Summerville experienced median price increases of 4.5% and 6.5%, reaching $555,000 and $400,000 respectively. The luxury market remains robust, as evidenced by a notable $14 million sale for a luxury home in Mount Pleasant, marking the second-highest residential sale in the area’s history. This sale highlights the increasing demand from affluent buyers seeking luxurious amenities such as deepwater docks and private pools.
In additional local developments, St. Patrick Catholic Church in Charleston has secured a $500,000 grant for renovations from the National Fund for Sacred Places. Founded in 1838, this church is viewed as the mother church of the Diocese of Charleston, and plans to use the funds to restore its iconic steeple.
Furthermore, Sullivan’s Island has earned the distinction of being one of the most expensive places to live in the U.S., with a median home sale price reaching $3.95 million, making it the priciest ZIP code in South Carolina. In comparison, a study by Property Shark indicates that to enter the top 100 most expensive ZIP codes in the U.S., a minimum of $2 million is generally needed.
Charleston’s commercial real estate market remains vibrant and diversified, exhibiting continued growth and resilience amid changing market conditions.
Frequently Asked Questions
What is the current median price for homes in Charleston as of September?
The median price for a home in West Ashley is $550,000 as of September.
What was the increase in home sales in Charleston County for September?
Charleston County reported a 14% increase in home sales for September with 414 single-family homes sold.
What notable luxury home sale occurred in Mount Pleasant?
A luxury home sold for $14 million in Mount Pleasant, marking the second-highest residential sale in its history.
Key Features of the Charleston Real Estate Market
| Metric | Value |
|---|---|
| Median Home Price in West Ashley | $550,000 |
| Charleston County Home Sales Increase | 14% |
| Median Price of Sold Single-Family Homes in Charleston County | $704,000 |
| Time on Market Average | 49 days |
| Luxury Home Sale in Mount Pleasant | $14 million |
| Most Expensive ZIP Code in South Carolina | $3.95 million (Sullivan’s Island) |
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Additional Resources
- Post and Courier: Charleston Real Estate Market
- Live 5 News: Commercial Real Estate Event
- Mansion Global: Modern Upgrades in Charleston
- ABC News 4: Luxury Home Sale in Mount Pleasant
- Charleston Business: Home Buyer Expansion
- Wikipedia: Charleston
- Google Search: Charleston Real Estate Market
- Google Scholar: Charleston Real Estate
- Encyclopedia Britannica: Charleston
- Google News: Charleston Real Estate
Author: STAFF HERE CHARLESTON
The CHARLESTON STAFF WRITER represents the experienced team at HEREcharleston.com, your go-to source for actionable local news and information in Charleston, Charleston County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Spoleto Festival USA, Charleston Wine + Food Festival, and the MOJA Festival. Our coverage extends to key organizations like the Charleston Metro Chamber of Commerce and the Charleston Museum, plus leading businesses in tourism and maritime industries that power the local economy such as South Carolina Ports Authority and the Charleston Visitor Center. As part of the broader HERE network, including HEREaiken.com, HEREbeaufort.com, HEREchapin.com, HEREcharleston.com, HEREclinton.com, HEREcolumbia.com, HEREgeorgetown.com, HEREgreenwood.com, HEREgreenville.com, HEREhiltonhead.com, HEREirmo.com, HEREmyrtlebeach.com, HEREnewberry.com, HERErockhill.com, HEREspartanburg.com, HEREaustin.com, HEREcollegestation.com, HEREdallas.com, HEREhouston.com, and HEREsanantonio.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
