Charleston Real Estate Market Forecast for 2026

As we look toward 2026, it’s important to get a clear picture of Charleston’s real estate market. While national trends may dominate the headlines, our local market operates on its own rhythm, shaped by unique opportunities and challenges. Here’s what you need to know to navigate the year ahead with confidence:

Charleston’s growth remains strong. Charleston continues to thrive as one of the most sought-after destinations in the U.S. People are moving here for the lifestyle, job opportunities, ideal weather, and the sense of community that makes this area so special. This steady stream of new residents means demand for housing will remain high in 2026. Even with fluctuating interest rates, Charleston’s population growth is a major driver of market stability and resilience.

Inventory: A gradual rise, but limited impact. While we’ll see a slow increase in inventory, it won’t be enough to shift the market significantly. Builders are continuing to add new construction in areas like Summerville, Goose Creek, and Nexton, but land near downtown and the islands remains scarce.

As a result, we can expect the most growth in the outer regions, while neighborhoods like Mount Pleasant, Daniel Island, and West Ashley will remain competitive and tight on supply.

Price stability with modest growth. Prices are expected to hold steady, with modest growth on the horizon. We’re not expecting the double-digit price increases that characterized previous years, but we’re also not looking at a market downturn. Charleston’s appeal, including coastal living, economic expansion, and a steady influx of residents, will continue to support home values. Sellers who price strategically and prepare their homes well will still see strong results in 2026.

Opportunities for buyers. For buyers, 2026 brings more breathing room than in previous years. While inventory won’t be as abundant as during the peak frenzy, there will be more choices, especially in suburban areas. However, buyers will need to stay sharp and be ready to act when the right home comes along. The best opportunities will likely come from new construction incentives, motivated sellers who overpriced their homes early on, and properties that need simple cosmetic updates.

The insurance wild card. One of the biggest uncertainties for 2026 is the rising cost of insurance. Flood insurance, homeowners’ insurance, and increasing premiums are set to impact affordability, particularly near the coast. Buyers should factor these costs into their budgets upfront, while sellers should be prepared to offer clarity on their insurance history to avoid surprises during negotiations.

A steady, balanced year ahead. All in all, 2026 is shaping up to be a steady, balanced year for Charleston’s real estate market. This isn’t a boom year, but it’s certainly not a bust. It’s a market where smart buyers will win, and prepared sellers will shine. With a little strategy and timing, both groups can achieve success.

When considering buying or selling in Charleston, it’s important to have a solid plan in place. The 2026 market offers plenty of opportunities, but it requires thoughtful decisions and preparation. I’m here to help you make the right moves with confidence.

Let’s connect for a personalized strategy session to discuss your goals and map out the best approach for you in the year ahead. You can call me at 843-701-9186 or email me at MikRamey@Gmail.com. I look forward to hearing from you!