Charleston home affordability ranked #7 with $240k avg price

Posted By Reggie Walters @ Mar 3rd 2017 10:51am In: Condominium For Sale Charleston SC

There’s good reason Charleston, SC is consistently named a top city to live in the U.S. by the readers of Travel + Leisure and CondéNast Traveler — not only is the city charming and clean, but it also boasts a fantastic culinary scene, proximity to the ocean, and a rich history and culture. But beyond the beauty of Charleston are the practical reasons to move here. Organizations that have a global impact such as Boeing and Volvo have chosen to park their business in our backyard, and in doing so, have helped bolster employment opportunities and spurred our local economy. Plus, the area is high on the housing affordability index. Charleston has already surpassed all of 2015 in total units sold as of the end of November, while overall inventory of homes remain low. MLS data shows our region holds a median price of $240,000. Combined with still incredibly low interest rates, that makes this area still affordable, and most often, cheaper to own than rent.

If you would like neighborhood statistics of Charleston homes for sale, contact Reggie Walters, real estate professional by CLICKING HERE!

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