According to statistics, the population in Charleston, SC amounts to 131,204, which shows growth 1% compared to the previous year. The median age of the city’s residents is 34. The average household income is $61,367, shifting growth 7% from the past year, and the average property value in Charleston, SC growth 6% to $286,200 throughout the year.
|Number Of Employees||70,777|
|Median Property Value||$286,200|
The average household income in Charleston, SC grew from $57,603 to $61,367 in the past year. This data is an estimate based upon 53,845 households in Charleston, SC . The chart below presents how household income is distributed in Charleston, SC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Charleston, SC shifted from $269,400 to $286,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Charleston, SC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Charleston, SC properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Charleston, SC compared to median property taxes around the country. The prevalent amount of property taxes in Charleston, SC equals $1150, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$680,915||+73.6%|
|1 bed for sale||$317,655||+1%|
|2 bed for sale||$526,980||-2.6%|
|3 bed for sale||$561,280||-18.4%|
|4+ bed for sale||$1,006,912||-5.8%|
During Jul 2022, the average price for an apartment in/near Charleston, SC decreased by 6.3% to $727,332.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 1% to $317,655. Asking price for 2-bed apartment also decreased by 2.6% and a place of this size will now cost you $526,980. A 3-bed apartment goes for $561,280, it decreased by 18.4% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.8% and made it down to $1,006,912.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$394,579||-42.2%|
|Apartments for sale||$591,500||+0%|
|Condos for sale||$422,801||-18.7%|
|Duplexes for sale||$2,389,999||+85.5%|
|Houses for sale||$811,018||-6.1%|
|Land for sale||$310,000||-54.6%|
|Other for sale||$85,181||N/A|
While assessing the property pricing Charleston, SC, you can note that it remains flat with a price tag of $591,500. Price reports demonstrate that house price decreased by 6.1% this month making it up to $811,018. Condos faced an upward trend these days. The median price for a condo decreased by 18.7%, it’s now available for $422,801. You can now purchase a duplex for just $2,389,999, duplex price increased by 85.5% this month. The property value of townhouses decreased by 42.2%, you’ll have to spend around $394,579 to get one.