Charleston, SC, is experiencing a balancing shift in its real estate market, with homes for sale growing by 19.4% year-over-year. In late 2024, the number of homes for sale reached 2,918, reflecting a notable increase from 2,442 in late 2023. This growth highlights a rising trend in housing availability, providing potential buyers with more options. The expanding inventory indicates shifting market dynamics, creating challenges for sellers in Charleston’s thriving real estate market heading into 2025.
Charleston, SC’s Sales Inventory Growth YoY Analysis
According to data available on Reventure App, Charleston, SC’s sales inventory growth has seen distinct patterns over the years. Before the pandemic (2017-2019), the market was relatively stable, with modest growth in 2017 (0.5%) and 2018 (8.7%), followed by a slight decline of -7.2% in 2019. This reflected a balanced market with steady buyer activity.
Charleston sales inventory growth reached 19.4% in late 2024. Access the homes for sale map of Charleston, SC here. [Link]
During the pandemic (2020-2021), the market faced significant disruptions. Inventory growth decreased to -46.7% in 2020 and -48.7% in 2021 as demand surged and supply chains were strained, creating an inventory crunch. This period was marked by unprecedented market challenges, with limited homes available for buyers.
However, post-pandemic (2022-2024), the market began recovering. Inventory grew by 4.5% in 2022, indicating stabilization. By December 2023, homes for sale increased to 2,442, and in 2024, inventory surged by 19.4% YoY, reaching 2,918 homes for sale. This rebound reflects improving supply conditions and a shift toward market equilibrium.
Homes for Sale Trend in Counties of Charleston, SC
The homes for sale trends across the three counties of Charleston, SC, reflect varying market dynamics in 2025. Dorchester County saw modest growth, with a 6.2% year-over-year (YoY) increase, rising from 469 homes in December 2023 to 499 in December 2024. This indicates a stable market with minimal inventory expansion.
Charleston County showed the highest sales inventory in the Charleston metro. Access the homes for sale map of Charleston’s counties here. [Link]
Berkeley County exhibited stronger growth, with a 16.4% YoY increase in inventory, climbing from 831 homes in 2023 to 969 in 2024. This reflects a more active market with expanding buyer options. Charleston County, the largest market, showed the most significant growth at 25.5%, with inventory increasing from 1,233 homes in 2023 to 1,548 in 2024. This rapid growth highlights improving supply in the county. Together, these trends indicate varying levels of inventory growth across the region, with Charleston County leading the surge, while Berkeley and Dorchester maintain steady expansion.
Charleston, SC’s Housing Market Predictions in 2025
Charleston, SC’s housing market is projected to remain stable in 2025, with a home price forecast score of 50 out of 100 on Reventure App. It’s important to note here that a score in the range of 45 – 50 reflects a balanced market, neither heavily favoring buyers nor sellers. The stability indicates that home prices are unlikely to see significant increases or declines in the near term. Moreover, the market shows slight downward pressure compared to previous highs.
Charleston, SC Home price forecast score reached 50 in late 2024. Access the home price forecast score chart here. [Link]
Factors like longer days on the market, price cuts, and moderate buyer demand are likely to persist, maintaining equilibrium. With homes for sale growing and mortgage rates impacting affordability, sellers will experience increased competition which will lead to more price reductions. Charleston’s housing market appears to be shifting away from the pandemic sellers’ market frenzy toward a more neutral landscape, offering opportunities for both buyers and sellers to navigate a steady market environment in 2025. If you want a detailed analysis of the Charleston, SC metro area, explore the housing market data at the ZIP-code level on Reventure App.
