North Charleston South Carolina Real Estate
As the Charleston housing market breaks records month after month, it turns out that's true. Homes in Charleston rose 8.4% last year and will rise another 2.8% in 2019, according to a new report from the National Association of Realtors (NAR).
Charleston real estate has appreciated 31.90% over the past five years, the second highest rate in the country, behind New York City, making Charleston one of the 20% of the nation's top cities in property values. North Charleston properties have appreciated 57.65% over the same period - the third-best appreciation of any U.S. city - and are within the top 20% of the statewide appreciation of homes, the report said.
Compared to South Carolina, the data show that the value of North Charleston homes has risen significantly over the past five years compared to the rest of the state.
The percentage of delinquent mortgages in Charleston was 4.8%, below the federal average of 6.5% and above South Carolina's 5.2%. The percentage of delinquents in North Charleston over the past five years was 0.6%, lower than South Charleston's 4%, and the highest of any state. There was no significant difference between the percentage of delinquencies in Charlotte, Charleston and Charleston counties, although there was a significant increase in delinquency rates in the first half of the year.
The median rent in Charleston is $1,850, below the federal average of $2,000 and above the $3,500 in South Carolina. Median rents in the North Charleston metro area were $208 a month for a two-bedroom, one-bathroom home, or $5,200 a year, higher than in all metro areas of Charleston and North Charleston, according to the U.S. Census Bureau.
Based on the latest NAR report, the HAI for the MSA Charleston - North Charleston is 141.1%, above the national average of 142.2%. The median income for a two-bedroom, one-bathroom home in the North Carolina metro area is $309.9K, an annual increase of 3.3% over the year.
This rate of appreciation is an indication that Charleston homes continue to rise in value faster than most communities, despite the nationwide housing market downturn. Despite the many activities in this area, the real estate industry in North Charleston is growing much faster than the national average.
For homebuyers, North Charleston has had the second-highest median rate of home price growth in the state of South Carolina in recent years.
Over the past 10 years, North Charleston has experienced the second-highest median rate of home price growth in the state of South Carolina. Whether you are a home buyer or a real estate investor, a first-time home buyer or an experienced investor with a long-term interest in property management and investment management, North Charleston offers a wealth of real estate opportunities and opportunities for buyers willing to take a deeper look. Successful property investors who retired early in their lives have learned the importance of investing in a quality, affordable home in North Charleston. As one of the largest and most diverse cities in South Charleston, it has the potential to be a great investment destination for both home buyers and investors.
In Creek Point, where the median list price is $229,900, the average home price is $1,835,000 and the median home price growth rate is 3.5 percent, which is above the national average, according to the National Association of Realtors.
Interstate 526 provides easy access to Charleston and the surrounding suburbs, and Interstate 26 is one of the most popular highways in South Carolina and the United States. NorthCharleston is home to the nearest beaches, the Isle of Palms and Sullivan Island, but also has a long history of tourism, especially Charleston International Airport, a major tourist attraction.
Local real estate agents have access to a wide range of services in North Charleston, South Carolina, as well as other parts of the state. There are more than 1,000 real estate agencies in the area and they offer a variety of options for those looking for a house, office, apartment, condo, townhouse or other type of property. You have extensive experience in both residential and commercial real estate in Charleston and surrounding areas.
The South Carolina Stingrays ice hockey team plays their home games at the North Charleston Coliseum. Charleston sports teams include the Charleston Thunderbirds roller derby team, Charleston City Football Club and Carolina RailHawks basketball team.
North Charleston is home to a number of high schools, colleges and universities in South Carolina and the United States. North Charleston's top schools include North Carolina State University, the University of South Charleston, Charleston Community College and Charleston Southern University.
Charleston's three major colleges and universities are Charleston State University, the University of South Charleston and Charleston Southern University. North Charleston is home to a number of high schools and colleges in South Carolina and the United States and is home to the North Carolina State College of Business and University at Charleston. Normally you will be asked to work as a full service agent and be part of a team of three or more full service agents in the real estate industry.