Home Values in North Charleston, South Carolina — 2026 Market Report
Updated March 2026 | Balanced Market | +6.8% YoY
The median home value in North Charleston, South Carolina is $275,000 as of March 2026, which is below the national median of $400,000. Home values in North Charleston have increased by 6.8% over the past year and 38.9% over the last five years. With a population of 115,382 and a median household income of $45,250, the price-to-income ratio stands at 6.1x, making North Charleston affordable for the average household.
North Charleston Housing Market Conditions
| Metric | North Charleston | National Avg |
|---|---|---|
| Median Home Value | $275,000 | $400,000 |
| YoY Appreciation | +6.8% | +3.8% |
| 5-Year Appreciation | +38.9% | +22.4% |
| Price per Sq Ft | $88 | $222 |
| Days on Market | 44 days | 45 days |
| Months of Supply | 4.1 | 3.5 |
| List-to-Sale Ratio | 96.7% | 98.5% |
| Monthly Homes Sold | 85 | — |
| Foreclosure Rate | 0.55% | 0.3% |
Home Value Trends in North Charleston
A homeowner who purchased at the median price of $197,984 five years ago in North Charleston would have gained approximately $77,016 in equity, representing a 38.9% return on investment. Over the past year alone, the typical homeowner gained $17,509 in home equity.
Affordability in North Charleston, SC
With a median household income of $45,250 and a median home price of $275,000, the price-to-income ratio in North Charleston is 6.1x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,963 compared to estimated monthly ownership costs of $1,438 gives a rent-vs-buy ratio of 0.73. In North Charleston, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in North Charleston
The effective property tax rate in South Carolina is 0.57%. On a home valued at $275,000, the estimated annual property tax bill is $1,568, or approximately $131/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in North Charleston is 92.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in North Charleston, SC?
The median home value in North Charleston, South Carolina is $275,000 as of March 2026. Home values have changed +6.8% over the past year, with a 5-year appreciation of 38.9%.
Is North Charleston a buyer's or seller's market?
North Charleston is currently a balanced market with 4.1 months of housing supply. Homes spend an average of 44 days on market, and the list-to-sale price ratio is 96.7%. Supply and demand are relatively balanced.
Are home values going up in North Charleston?
Yes, home values in North Charleston have increased by 6.8% over the past year. The 5-year appreciation rate is 38.9%, meaning a home worth $197,984 five years ago is now worth $275,000.
Is it better to rent or buy in North Charleston?
The average monthly rent in North Charleston is $1,963, while estimated monthly homeownership costs are approximately $1,438. The price-to-rent ratio is 11.7. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other South Carolina Cities
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Disclaimer: Home value data for North Charleston, South Carolina is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.