A
ccording to a nationwide Realtor.com analysis, Charleston’s residential market has surged, with property values climbing more than 81 % since 2019, placing the city near the top of the country’s fastest‑growing markets. Local agent Nicole Madey attributes the rise to sustained long‑term appreciation but notes the market is now moving toward a more balanced pace. “Homes are staying on the market for roughly 30 to 45 days, similar to pre‑pandemic levels,” she says.

    While the overall increase is steep, certain neighborhoods have outpaced the city average. Madey points out that many owners in Mount Pleasant and James Island have seen equity grow by about 50 % over the past four years, often without major renovations. “A typical homeowner who bought in 2019 can expect a 50 % bump in most of those areas,” she explains.

    In the Lowcountry’s Point Hope, Del Webb communities are appreciating at roughly $15,000 a month. “Those who purchased a few years ago are already enjoying nearly a 50 % rise in value,” Madey notes.

    Despite the long‑term gains, the current market offers a window for buyers. “There are fewer active buyers right now, so competition is lower,” she says. “Listing during the holidays can reduce rivalry even further; by spring you might face ten comparable homes.”

    The Realtor.com study identified the fastest‑growing markets as a mix of Southern and Northeastern cities. Madey believes Charleston’s appeal stems from its coastal lifestyle, quality schools, and the influx of people moving from larger metros such as Chicago, Ohio, and California. “The region’s blend of amenities keeps drawing interest,” she says.

    For those eyeing a move to the Lowcountry, Madey cautions that prices are higher than many expect. “While a few properties can be found near $300,000, most buyers will encounter homes priced at $500,000 or more.”