Charleston, SC Real Estate Market Update – August 2025

Charleston, South Carolina continues to charm homebuyers and investors alike with its blend of historic beauty, coastal living, and vibrant community spirit. As we move through the second half of 2025, let’s take a closer look at what’s happening in our local real estate market—and what it means for you, whether you’re buying, selling, or simply curious!

Steady Demand, Shifting Trends

Charleston’s real estate market remains active, with steady demand from both local residents and newcomers drawn to the city’s lifestyle. While the pace has cooled slightly from the frenzied highs of previous years, homes are still selling at a healthy clip, especially in popular neighborhoods like Mount Pleasant, West Ashley, and James Island.

Inventory on the Rise

After years of tight supply, inventory levels are finally starting to climb. This means buyers have more choices than they did last summer, and sellers are adjusting their strategies to stay competitive.

• Average Days on Market: Homes are spending a bit longer on the market—around 30-40 days on average, compared to last year’s 20-25 days.
• Price Growth: Prices remain strong but are rising at a more moderate pace. The median home price in Charleston hovers near $550,000, up about 3% from this time last year.

What’s Driving the Market?

Several factors are shaping our current market:

• Interest Rates: Mortgage rates have stabilized, hovering around 6.5%. This has encouraged some buyers to re-enter the market, but affordability remains a concern for many first-time buyers.
• Remote Work: The flexibility to work from anywhere continues to attract out-of-state buyers seeking Charleston’s coastal lifestyle.
• New Construction: Builders are responding to demand, especially in suburban communities, helping to ease the inventory crunch.

Advice for Buyers and Sellers

If you’re thinking about making a move, here are a few tips:

• Buyers: Take advantage of the increased inventory, but be prepared to act when you find the right home. Work with a local agent to navigate negotiations and uncover hidden gems.
• Sellers: Pricing your home competitively is key. Homes that are move-in ready and well-presented are still attracting strong offers.

Charleston’s real estate market is evolving, but its appeal endures. Whether you’re dreaming of a historic downtown home, a beachside retreat, or a family-friendly neighborhood, there’s something here for everyone.

Have questions about your next move? I’m here to help you make sense of the market and find your perfect fit in Charleston. Let’s chat!