Real Estate Downtown Charleston SC For Sale on MLS

Real estate properties in downtown Charleston offer a lot for prospective buyers, however reasonable prices for most do not. The average one-bedroom condo in the downtown peninsulas most desired boroughs will start usually at $350,000. The other part of downtown Charleston is called “outside the crosstown”, which really means the zip code 29403 and homes there are usually more affordable, but also less desirable. As many of the boroughs in this part of downtown are still up and coming so you’ll find that a lot of the houses for sale here need a lot of work or complete tear-downs altogether. 

Another factor to consider when looking to purchase a home or condo in the historic parts of Charleston SC is the schools because unfortunately, most schools in downtown Charleston (unless private) aren’t the best in Charleston. There are 10 boroughs (neighborhoods) of Charleston’s downtown area offering you both condos, townhomes, luxury mid-rise condominiums, waterfront properties, historic mansions, and studio lofts.

MLS Listings Data

Total Listings: 310
Average Price: $1,723,700
Highest Listing Price: $7,785,000
Average Days On Market: 127

ABOUT LIVING ON THE HISTORIC PENINSULA OF CHARLESTON SC

Pros of Living in Historic Downtown Charleston:

 

  1. Rich History and Architecture: Downtown Charleston is a living museum of American history, featuring meticulously preserved antebellum homes, churches, and landmarks. Residents have the privilege of living amidst architectural gems that reflect the city’s colonial and plantation-era heritage.
  2. Cultural Vibrancy: From art galleries and theaters to music festivals and culinary events, downtown Charleston pulsates with cultural energy. Residents can indulge in a diverse array of artistic expressions, culinary delights, and community celebrations throughout the year.
  3. Walkability and Proximity: One of the distinct advantages of downtown living is its walkability. Residents can stroll along cobblestone streets, explore charming alleyways, and discover hidden gardens, all within a compact urban environment. Additionally, downtown Charleston offers convenient access to shops, restaurants, parks, and waterfront attractions.
  4. Southern Hospitality: Charleston is renowned for its warm hospitality and sense of community. Residents often form close-knit bonds with their neighbors, fostering a strong sense of belonging and camaraderie.
  5. Proximity to Nature: Despite its urban setting, downtown Charleston is surrounded by natural beauty. Residents can enjoy leisurely walks along the Battery, relax in waterfront parks, or embark on scenic drives to nearby beaches and marshlands.

 

Cons of Living in Historic Downtown Charleston:

 

  1. Cost of Living: The allure of downtown living comes at a premium price. Real estate prices and property taxes in historic neighborhoods can be relatively high, making homeownership and living expenses more costly compared to suburban areas.
  2. Tourism Traffic: As a popular tourist destination, downtown Charleston experiences heavy foot and vehicle traffic, especially during peak seasons. Residents may encounter congestion, parking challenges, and occasional disruptions associated with tourist activities.
  3. Historic Preservation Restrictions: While historic preservation adds to the charm of downtown Charleston, it also comes with regulatory constraints. Homeowners must adhere to strict guidelines when renovating or modifying historic properties, which can limit design flexibility and increase renovation costs.
  4. Climate and Weather Risks: Like many coastal cities, Charleston is susceptible to hurricanes, flooding, and tropical storms. Residents must be prepared for seasonal weather fluctuations and take necessary precautions to safeguard their homes and property.
  5. Limited Parking and Space: Downtown living often entails limited parking options and smaller living spaces compared to suburban counterparts. Residents may need to adapt to compact living arrangements and prioritize convenience over spaciousness.

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