Here are the top 20 areas of Charleston that are appreciating the most.

Today I’m counting down the top 20 appreciating areas in Charleston. These numbers are based on 2020 compared to 2021:

20. Downtown Charleston. The current average home sale price is $1.4 million, and the appreciation rate is 5.4%

19. Seabrook Island. The current average home sale price is right under $1 million, and the appreciation rate is 8.3%.

18. Upper Charleston Peninsula. The current average home sale price is $624,000, and the appreciation rate is 10%.

17. John’s Island. The current average home sale price is around $500,000, and the appreciation rate is 14%.

16. North Charleston. The current average home sale price is $265,000, and the appreciation rate is 14.5%.

15. Goose Creek. The current average home sale price is $336,000, and the appreciation rate is 15.4%.

14. James Island. The current average home sale price is $560,000, and the appreciation rate is 15.5%.

13. Flowertown Summerville. The current average home sale price is $340,000, and the appreciation rate is 16.5%.

12. Wando / Cane Bay. The current average home sale price is around $600,000, and the appreciation rate is 16.4%.

11. Hanahan. The current average home sale price is $355,000, and the appreciation rate is 17.9%.

10. North Mount Pleasant. The current average home sale price is $725,000, and the appreciation rate is 19.6%.

9. West Ashley. The current average home sale price is $444,000, and the appreciation rate is 19.8%.

8. Hollywood. The current average home sale price is $565,000, and the appreciation rate is 21.1%.

7. South Mount Pleasant. The current average home sale price is $925,000, and the appreciation rate is 22.5%.

6. Daniel Island. Here in my hometown, the current average home sale price is $1.5 million, and the appreciation rate is 27.8%. 

5. Edisto Beach. The current average home sale price is $818,000, and the appreciation rate is 31.9%.

4. Sullivan’s Island. Here in the most expensive area in Charleston, the current average home sale price is $3.4 million, and the appreciation rate is 34.3%.

3. Folly Beach. The current average home sale price is $1.150 million and the appreciation rate is 39.3%.

2. Isle of Palms. The current average home sale price is $1.97 million, and the appreciation rate is 43.9%.

1. Kiawah Island. The current average home sale price is $2.2 million, and the appreciation rate is a whopping 46.2%!

Proving life truly is better at the beach, our top five are all Charleston beach areas! I can’t wait to see what 2022 has in store for our real estate market. 

If you have questions about this or any other real estate matter, please call or email me. I would love to be your real estate resource.