CHS Q3 RE Market Report Comparisons

Charleston, SC Real Estate Market Report: Q3 2025

As we move through the third quarter of 2025, Charleston’s real estate market continues to showcase its resilience and appeal, blending historic charm with modern economic vitality. Known for its vibrant culture, coastal lifestyle, and robust economy, the Holy City remains a magnet for homebuyers, investors, and relocators. Here’s a concise snapshot of the Charleston, SC real estate market for Q3 2025 so far, based on the latest trends and data.

Market Overview: A Cooling Yet Competitive Landscape

Charleston’s housing market in Q3 2025 reflects a cooling trend compared to the feverish pace of previous years, but it remains competitive. According to recent data, the median home price in Charleston County has climbed to approximately $702,500, a notable increase from last year’s figures, driven by high demand in sought-after areas like South of Broad and the French Quarter. However, home value growth has slowed, with some reports indicating a flat 0.0% year-over-year appreciation across the metro area. This slowdown suggests a market adjusting to affordability challenges and stabilizing demand.

Inventory and Sales Trends

Inventory levels are showing signs of improvement, offering buyers more options. As of June 2025, there were 1,652 homes for sale in Charleston, a slight decrease from May but still reflecting a 17.6% increase in available properties compared to earlier in the year. This uptick in inventory is easing the pressure on buyers, with homes spending an average of 52–68 days on the market, up from 37–47 days last year. Despite this, desirable properties in prime neighborhoods often receive multiple offers and sell closer to list price, particularly in the luxury segment.

Sales activity has softened slightly. Existing home sales in the Charleston metro area dropped 5.9% year-over-year, with a seasonally adjusted annual rate of 4.02 million units. This decline is attributed to elevated mortgage rates, averaging around 6.5%–6.9%, which have deterred some buyers. However, the luxury market, including high-end properties on the Battery and Kiawah Island, remains robust, with homes over $3 million seeing steady demand from affluent buyers.

Price Trends by Property Type

Breaking down pricing by bedroom type for June 2025, one-bedroom homes saw a significant 14.7% price increase, while two-bedroom homes dipped by 4.7%. Three-bedroom homes rose by 7.0%, four-bedroom homes by 9.5%, and five-bedroom homes by 13.3%. The median price per square foot is around $327, down 3.0% from last year, reflecting slight price corrections in some segments.

What’s Driving the Market?

Charleston’s appeal continues to fuel demand. The city’s population has grown by over 14% in the past decade, driven by a strong job market in tech, aerospace, and tourism, alongside its coastal lifestyle. New construction, particularly in Berkeley and Dorchester counties, accounts for 33% of sales, offering modern, energy-efficient homes that attract buyers. However, historic properties remain a draw, with renovation projects blending old-world charm and modern amenities gaining popularity.

Looking Ahead

As Q3 progresses, Charleston’s market is shifting toward a more balanced state. With inventory rising and mortgage rates expected to dip slightly by year-end, buyers may find more negotiating power, while sellers in high-demand areas can still command strong prices. For investors, the condo and townhome market offers opportunities due to a 75% surge in new listings, while luxury and historic properties remain solid bets for long-term appreciation.

Final Thoughts

Charleston’s real estate market in Q3 2025 is navigating a period of adjustment, but its fundamentals remain strong. Whether you’re a buyer seeking a coastal gem, a seller capitalizing on historic charm, or an investor eyeing rental potential, now is the time to act strategically. Partner with a local real estate expert to navigate this dynamic market and seize the opportunities Charleston offers.

Sources: NeighborhoodScout, Rocket Homes, Redfin, Beaufort Mortgage