Zillow says Charleston Median Home Prices are $234,700.
BestPlaces says it is $212,000.
Even Forbes is claiming it to be $219,800.
So, who would blame you for thinking Charleston is quite affordable when you are envisioning your future move here? Close to the historic center, close to the beaches, for under $250,000….you can’t get better living than that.
Unfortunately, those numbers are misleading. Often they include the tri-county area – Charleston, Berkeley and Dorchester (and those last two can be an hour out from the historic City Center or FAR). Often they include a vast swath of suburbs with the city name ‘Charleston’ – yet which have zero resemblance to the Charleston of our dreams. I can’t tell you how many people I’ve had to disappoint when I tell them for $250,000 they’ll be living in an area that is not at all what they imagined. Not that there’s anything wrong with that – it just requires a mental readjustment on the part of the house hunter.
So, I am here to set the records straight. Again. Back in 2010, I also wrote about this issue (which I had actually forgotten I had done until I googled Charleston Median Home Prices and my old post came up). But five years and many changes have since passed, so let’s look at some new median prices. I have set up this map for you based on how we as real estate agents divide the area. I did not include the outer reaches of the metropolis, because frankly, I am just not sure where the lines are drawn. But I can tell you median prices there ARE in fact, under $200,000.
So, here’s the map of median prices for homes based on rolling 3-months statistics from January-March 2015. Follow the pretty colors from Southwest, to Northeast, and click on them for the median price of the area. If you prefer a list, just go below the map.
Wadmalaw Island – $938,000
Seabrook Island – $525,000
Kiawah Island – $978,000
Johns Island – $238,000
West Ashley outside I-526 – $248,695
West Ashley inside I-526 – $220,000
James Island – $310,003
Folly Beach to Battery Island – $515,000
Charleston Peninsula inside 17 – $752,500
Charleston Peninsula outside 17 – $363,450
North Charleston inside I-526 – $160,000
Hanahan – $215,000
Wando/Cainhoy – $281,012
Daniel Island – $703,283
Mount Pleasant inside the IOP Connector – $458,000
Mount Pleasant outside the IOP Connector – $427,000
Sullivan’s Island – $1,710,000
Isle of Palms – $787,000
Wild Dunes – $793,500
Dewees Island – $700,000