Mortgage payment estimates, closing cost breakdowns, and homebuying data for Charleston, South Carolina.
Pre-filled with Charleston median home price and South Carolina tax/insurance rates. Adjust for your property.
Estimated closing costs based on South Carolina rates and fees applied to Charleston prices.
The median home price in Charleston is $435,000, 43% above the South Carolina state median of $305,000. With a population of 150,227, Charleston is a mid-size city where home prices reflect strong demand and local economic factors.
Property taxes in South Carolina average 0.57% annually. This low property tax rate is a significant advantage for Charleston buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in South Carolina runs approximately $2,600 per year. This is within the normal range nationally.
Average rent in Charleston is $1,750/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Charleston is a higher-cost market. At $435K median, buyers need significant savings or strong income. Down payment assistance through South Carolina's SC Housing Palmetto Home program becomes especially important.