Charleston SC Housing

Charleston SC Housing

With 26 incorporated communities, residential areas in the Charleston region range from the quaint village of Jamestown (pop. 100) to the vibrant, cosmopolitan cities of Charleston and North Charleston (pop. 105,000 and 84,000 respectively).

The growing demand for housing has spawned a number of new residential opportunities throughout the region - from the barrier islands along the Atlantic shoreline to multi-acre tracts further inland.

In 2005, the median selling price for an existing home in the region was $187,995 (with an average selling price of approximately $278,461). However, housing costs vary greatly by community.

The Charleston region also has a large number of apartment rental options. The average monthly rent for a two-bedroom, two-bath unfurnished apartment is $882.

Charleston SC real estate has seen a tremendous amount of buying interest from baby boomers looking to retire to Charleston and the South Carolina coast, as well as those interested in investing in Charleston SC real estate because of its value and investment staying power.

Charleston SC real estate prices accelerated by an average of 14.78% in 2005 to $211,000 for the median priced residential home. The median home price for Charleston SC real estate in 2004 was $184,000.

Affordable homes are found all over the Greater Charleston area. Families looking for their first home or couples looking for a smaller home may want to look in places like Hanahan, North Charleston and Summerville. Many new homes communities are there that cater to those looking for smaller homes. Those who want to indulge in luxury resort-style living will find many opportunites for a laid-back beach lifestyle in places like Isle of Palms, Kiawah and Seabrook.

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