← Field Notes

August 2026 Charleston Housing Market: Slowdown, Not a Price Break

Photo: 729 East Bay Street, Charleston, 2024. ProfReader, CC0, via Wikimedia Commons

August was a slower month in Charleston Trident MLS. Residential closings dropped, homes sat longer, and buyers had more to look at. Last-ask still held. That is the whole story, and the numbers underneath it tell you where to spend your time.

These figures are residential listings (property type A) pulled from Flexmls on September 1, 2026. August is the latest complete month. Sale-to-list is sold price versus last ask, not original list. Counts move daily. Verify live comps before anyone goes firm. This is not a CMA, an appraisal, or a price prediction.

Late-summer slowdown, not a price break. Closings fell 14 percent versus last August and 21 percent versus July. Average days on market stretched to 52. Asking medians are essentially flat year-over-year. Sold medians are a bit firmer. Buyers have more time. Sellers are still closing at 98.2 percent of last ask.

1,363Sold in August (−14% vs last Aug)
5,869Active listings (+3% vs last Aug)
$435,000Median sold (+3% vs last Aug)
51.7 daysAverage DOM (48.0 last Aug)
3.82 moAbsorption (3.88 last Aug)
98.2%Sale-to-list (98.3% last Aug)

August snapshot

Metric Aug 2026 Jul 2026 vs July Aug 2025 vs last Aug
Active listings5,8695,924−0.9%5,717+2.7%
New listings1,9532,410−19.0%2,171−10.0%
Sold listings1,3631,731−21.3%1,583−13.9%
Absorption (months)3.823.85−0.033.88−0.06
Active median ask$438,230$439,820−0.4%$440,000−0.4%
Median sold price$435,000$449,000−3.1%$423,825+2.6%
Average DOM51.746.6+5.148.0+3.7
Sale-to-list98.2%98.2%0.098.3%−0.1
Sale-to-original list95.6%96.0%−0.495.7%−0.1

Source: Charleston Trident MLS via Flexmls, residential. Sale-to-original-list of 95.6 percent is the price-cut print. Last-ask is still holding.

Active inventory peaked in May at 5,945 and has eased only slightly. Closings peaked in June at 2,031, then dropped through July and August. August new listings (1,953) are the lowest of any month since December. That is seasonal plus weaker demand, not a distressed print.

If you are buying

You have more time than you did last summer. A typical residential close in August took about 52 days on market, not 48. There are more homes sitting than last August. That does not mean every listing is a discount. Most still close near last ask.

The leverage that shows up in the data is original-list cuts (sale-to-original 95.6 percent) and days-on-market, not a collapse in last-ask. Use that on a house that has been sitting. Do not assume the first weekend is still a bidding war, and do not assume a 30-day listing is desperate.

If you want more homes to choose from at a lower ask, start with Moncks Corner, Ladson, and North Charleston. If you are shopping Mount Pleasant or the peninsula, use sale-to-list and the ask-versus-sold gap to shape the offer, not a story about prices running away.

By city, August 2026

City Active Sold MOI Ask median Sold median DOM Sale-to-list
Moncks Corner333824.79$380,000$359,68551.6100.1%
Ladson131484.21$328,000$332,75046.298.0%
North Charleston372993.49$357,000$331,40251.498.7%
Summerville1,5204353.37$417,750$405,00050.999.5%
Hanahan68293.33$460,000$445,00035.097.3%
Charleston8552393.32$635,000$650,00041.097.9%
Goose Creek209533.23$335,000$353,00039.198.1%
Mount Pleasant4411652.74$960,000$895,00043.597.4%

MOI is Flexmls absorption (rolling months of inventory), not a one-month active-divided-by-sold ratio. Ask versus sold can flip in a small sample because the mix of homes that close is not the mix still sitting. Hanahan had 29 closings. Goose Creek had 53.

Summerville has the most homes on the market and still closed at 99.5 percent of last ask. Volume is not the same as leverage. Treat it like a competitive new-build mix, then negotiate on days-on-market and original-list cuts.

Mount Pleasant is the tightest large corridor. The August ask median sits about 7 percent above the sold median. Use that gap on the offer. Hanahan is still the fastest local pocket on DOM (35 days in August, 17 in July) with only 68 actives. Tour fits quickly.

North Charleston still has one of the wider ask-versus-sold gaps among the larger cities. Goose Creek remains a price-access corridor (ask median $335,000). The August sold median jumped above ask on 53 closings. Compare the house, not the monthly print.

South Carolina overview: the tri-county split

Charleston Trident MLS is a Lowcountry board. It is not Greenville, Columbia, or Myrtle Beach. Those metros run on other MLSs. Inside this board, Charleston, Berkeley, and Dorchester counties are about 85 percent of August actives. The rest of the book is other South Carolina counties that show up in the same MLS (Colleton, Beaufort, and scattered listings farther out).

If you are relocating to South Carolina and asking “what does the state look like,” start here: the Lowcountry is three different price bands sharing one sale pace.

County Active Sold MOI Ask median Sold median DOM Sale-to-list
Charleston County2,2495883.49$650,000$670,75051.097.7%
Berkeley County1,6604853.52$414,995$410,00047.099.0%
Dorchester County1,0632983.65$398,250$386,00050.799.3%

Same Flexmls residential pull, August 2026. Charleston County includes Mount Pleasant, the peninsula, the islands, and a large share of the premium ask. Berkeley and Dorchester are where most of the $300s–$400s inventory lives.

Months of inventory sit in a tight band: 3.5 in Charleston County, 3.5 in Berkeley, 3.7 in Dorchester. The difference is price, not pace. Inland counties close closer to last ask (99.0 and 99.3 percent). Charleston County leaves a little more room (97.7 percent), which matches what you see in Mount Pleasant and the city of Charleston.

Shem Creek in Mount Pleasant: shrimp boats, docks, and coastal buildings along the water
Mount Pleasant, across the Cooper River. August sold median $895,000. Charleston County as a whole closed at $670,750. That is the coastal ticket, not the South Carolina ticket.

What the rest of South Carolina looks like

Charleston Trident is not the state. Greenville, Columbia, and Myrtle Beach run on other MLSs. The statewide sold median is about $350,000 (SC REALTORS, July 2026: $349,900; Realtor.com sold: $346,000). Statewide listing median is about $365,950. Homes sit about 65 days statewide versus 52 days here. If a relocating buyer Googles South Carolina home prices, they are not looking at Charleston County.

Do not mix Census ACS home values with these Flexmls prints. ACS is housing stock, not the 2026 sold median. If you want the rest of the state as a search, start with South Carolina real estate and moving to South Carolina.

How to use this

I will pull live comps for a specific address. If you want the map view of what is for sale, under contract, and sold in my book, use Homes Pulse. Development and public-project context lives on Charleston Pulse.

Common questions

Is the Charleston housing market a buyer’s market in August 2026?

It is more balanced than last summer, not a distressed market. Closings are down, inventory is a little higher, and DOM is longer. Buyers have more time. Sellers are still closing at 98.2 percent of last ask.

What is the median sold price in Charleston in August 2026?

The Charleston Trident MLS residential median sold price in August is $435,000, versus $423,825 last August. The active median ask is $438,230. That is the full residential book, not a single-city median. City of Charleston sold median in August was $650,000. Mount Pleasant was $895,000.

Which Charleston-area cities have more homes to choose from right now?

Moncks Corner (4.8 months of inventory), Ladson (4.2), and North Charleston show the most listing cushion versus sale pace. Summerville has the largest count of actives. Mount Pleasant is the tightest large corridor at 2.7 months.

How does Charleston County compare to Berkeley and Dorchester?

August sold medians: Charleston County $670,750, Berkeley $410,000, Dorchester $386,000. Months of inventory are similar (about 3.5 to 3.7). Berkeley and Dorchester close closer to last ask.

How does Charleston compare to the rest of South Carolina?

Charleston County closed August at $670,750. The state is about $350,000. The whole Lowcountry board is $435,000 because Berkeley and Dorchester are cheaper. Statewide DOM is about 65 days versus 52 here. Charleston Trident is not Greenville, Columbia, or Myrtle Beach.

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