With 27 incorporated communities, residential areas range from the rural towns of Jamestown and St. George to the vibrant, urban areas of Charleston and North Charleston. The growing demand for housing has spawned a number of new residential opportunities throughout the region, and most price ranges are well represented.
Single Family Homes
Although selling prices vary greatly throughout the market, the estimated purchase price for a newly built home with 2,400 square feet (223 square meters) of living space is $274,887. This new home typically has three to four bedrooms and two full baths, and is located in a typical middle management, executive household neighborhood.
For current residential real estate listings, visit the
Charleston Trident Association of Realtors.
Residential Home Sales - Selling Price by Sub-Market
| Submarket |
2006 Median Selling Price |
2006 Average Selling Price |
| Berkeley County |
$171,753 |
$217,137 |
| Goose Creek (zip 29455) |
$173,450 |
$187,837 |
| Summerville (zip 29483/29485) |
$193,824 |
$200,926 |
| Dorchester County |
$184,900 |
$206,974 |
| Moncks Corner (zip 29461) |
$182,935 |
$196,429 |
| Charleston County |
$280,000 |
$516,000 |
| East of Cooper River |
$315,000 |
$400,871 |
| Kiawah & Seabrook Islands |
$575,000 |
$728,847 |
| North Charleston |
$131,900 |
$135,211 |
| Peninsula Charleston (above Crosstown Expway) |
$289,000 |
$339,759 |
| Peninsula Charleston (below Crosstown Expway) |
$614,500 |
$820,844 |
| West Islands |
$239,570 |
$310,062 |
| West of the Ashley River |
$210,000 |
$244,651 |
| Wild Dunes |
$840,000 |
$905,006 |
| Total Charleston Region |
$201,990 |
$291,056 |
|
| Source: Charleston Trident Association of REALTORS |
Apartment Rentals
The Charleston region has a large number of apartment rental options. The average monthly apartment rent for a two-bedroom, two-bath unfurnished apartment excluding all utilities except water is $896.
Apartments: Average Monthly Rental by Sub-Market (Feb 2007)
| Submarket |
1-bedroom unit |
2-bedroom unit |
3-bedroom unit |
| Downtown Charleston |
$654 |
$731 |
$649 |
| West of the Ashley River |
656 |
745 |
876 |
| Goose Creek |
632 |
709 |
838 |
| James Island |
799 |
935 |
1,098 |
| Mount Pleasant |
834 |
961 |
1,055 |
| North Charleston |
587 |
686 |
781 |
| Summerville |
629 |
736 |
906 |
|
| Source: Carolinas Real Data, www.aptindex.com |
For information on current residential real estate offerings, visit the
Charleston Trident Association of Realtors.
The climate of greater Charleston is considered "temperate to subtropical." On average, the region enjoys 230 days of sunshine each year, and the average growing season lasts 294 days.
| Latitude | 32° 54' N |
| Longitude | 80° 02' W |
| Average Daily Temperature | 65.7° F; 18.7° C |
| Average Daily High | 75.2° F; 24.0° C |
| Average Daily Low | 56.1° F; 13.4° C |
| Average Days with Sunshine | 63% |
| Average Precipitation | 50.08"; 127.2 cm |
| Average Relative Humidity | 71% |
Monthly Averages, Charleston International Airport
| Month |
Temp (°F) |
Temp (°C) |
Relative Humidity |
Precipitation (inches) |
Precipitation (centimeters) |
| January |
49.2 |
9.6 |
69.0% |
3.20 |
8.13 |
| February |
51.3 |
10.7 |
67.5% |
3.17 |
8.05 |
| March |
57.6 |
14.2 |
66.5% |
3.97 |
10.08 |
| April |
64.9 |
18.3 |
66.5% |
2.70 |
6.86 |
| May |
72.6 |
22.6 |
69.0% |
3.51 |
8.92 |
| June |
78.6 |
25.9 |
72.5% |
5.77 |
14.66 |
| July |
81.4 |
27.5 |
75.0% |
7.34 |
18.64 |
| August |
80.5 |
26.9 |
76.5% |
6.82 |
17.32 |
| September |
76.3 |
24.6 |
76.0% |
5.38 |
13.67 |
| October |
66.8 |
19.3 |
72.5% |
2.93 |
7.44 |
| November |
58.0 |
14.4 |
70.0% |
2.33 |
5.92 |
| December |
50.8 |
10.4 |
69.5% |
2.95 |
7.49 |
| Annual |
65.7 |
18.7 |
71.0% |
50.08 |
127.20 |
|
| Source: Southeast Regional Climate Center |
Compared to many other thriving coastal communities, Charleston offers a reasonable cost of living according to the ACCRA Cost of Living Index. This quarterly survey compares relative living costs for middle-management households among U.S. metropolitan areas and cities. Charleston residents also get a break when it comes to taxes, with the area's state and local tax burden significantly lower than the national average.
Charleston, SC MSA Cost of Living Index
| All Items (Composite) |
97.8 |
| Grocery Items |
100.5 |
| Housing |
90.3 |
| Utilities |
102.0 |
| Transportation |
97.8 |
| Health Care |
110.3 |
| Misc. Goods & Services |
100.1 |
|
| U.S. Cities Baseline Index = 100 |
| Source: ACCRA Cost of Living Index, 2007 Annual Average |
Tax Burden, 2005
| |
South Carolina |
United States |
| State and Local Taxes Total |
$2,779 |
$3,698 |
| Property |
$880 |
$1,132 |
| Sales & Use |
$714 |
$887 |
| Individual Income |
$634 |
$813 |
| Corporate Income |
$58 |
$145 |
| State and Local Taxes per $1,000 of Personal Income |
$103.85 |
$112.84 |
|
| Source: TaxFoundation.org using US Census Bureau data, 2007 |
The South Carolina tax average is lower than the United States for property, sales & use, individual and corporate income. For more information on state and local tax structure, visit
Taxes & Incentives or
Personal Taxes.
With more than 2,000 physicians, 10 major medical facilities and a strong commitment to medical research, the Charleston region offers a vital health and wellness community. Three nationally recognized hospital systems serve the region, as well as numerous medical centers considered among the best in the United States. In all, more than 24,000 people are employed by the local healthcare industry.
Major Hospitals & Medical Facilities
Source: Center for Business Research, 9/07
Charleston area residents actively support the performing and visual arts – including a world-class symphony orchestra, a ballet company, several stage companies, a number of museums and a growing base of art galleries. In fact,
AmericanStyle magazine lists the Charleston area as one of the top 10 art destinations in the United States.
For the outdoors enthusiast, acres of freshwater lakes, a large national forest, miles of beaches and 160 parks provide the perfect setting for numerous outdoor activities, including sailing, kayaking, fishing, hiking, hunting, windsurfing and water skiing.
To learn more about lifestyle options in the Charleston region, visit our
Living & Working Here section.