Category: Historic Charleston
In a much anticipated move, The Federal Reserve cut interest rates for the first time in more than a decade at the close of its July meeting . While it was stated this will not be an ongoing trend, it is seen as a precaution for what the future holds. Regardless of further cuts, the U.S. market remains favorable with a strong labor market, solid consumer spending and relatively high stock valuations.
Closed Sales +6.5% | Median Sales Price +4.1% | Months Supply -7.7%
Market Statistics by Area
- Downtown Charleston
- Upper Charleston Peninsula
- Upper Mount Pleasant
- Lower Mount Pleasant
- Daniel Island
- Folly Beach
- Isle of Palms/Wild Dunes
- Sullivans Island
- Kiawah Island
- Seabrook Island
- James Island
- West Ashley
- Johns Island
- North Charleston
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Upcoming Events in Charleston
Charleston Summer Wine Festival August 17
Sip the night away as Charleston Wine Festivals hosts the first Charleston Summer Wine Festival at Memminger Auditorium on Saturday, August 17, 2019, 6pm-10pm. Enjoy over 50 wines, mimosas, beer, live music & DJ.
2019 Grape Stomp Festival August 24
The 2019 Stomp Festival promises to be THE event of the year at Deep Water Vineyard. Join us Saturday, August 24th from 10am- 5pm.
SC Reggae Jerk & Wine Festival August 25
It doesn’t get much better than Jamaican Jerk foods paired with wine, reggae music, and a stroll around beautiful Magnolia Gardens – all while benefiting a good cause! Sunday, August 25th, 12-7pm
Lowcountry Jazz Festival August 31 – September 1
South Carolina’s premiere annual Smooth Jazz event returns to the Charleston Gaillard Center Saturday, August 31st and Sunday, September 1st with a stellar lineup of superstar artists and up and coming instrumentalists and vocalists.
Charleston, S.C. is one of the hottest travel destinations in the entire country right now, and after people visit once, they want to stay forever. If you’re looking for a truly unique place to go to college, Charleston is the city for you. With three beaches within a few miles of the campus and a bustling downtown scene with more bars and restaurants than you can count, you’ll love the atmosphere almost as much as the campus itself.
You’ll find gorgeous Spanish moss draped from ancient live oak trees almost anywhere you go on the College of Charleston campus along with historic buildings used as offices and classrooms. If you’ve never visited Charleston, find out all the reasons you should add this to your list of places to apply for school.
Reasons Charleston, S.C. Is a Great College Town
Southern Hospitality Is Real
For those who didn’t grow up in Charleston, S.C., it may come as a surprise that Southern hospitality is more than just a stereotype. As you walk around the downtown area, you’ll find yourself smiling and greeting strangers who are genuinely interested in how your day is going. For many northerners, this is an unfamiliar custom, but it makes it really easy to get comfortable in a new place when everyone you encounter is smiling and friendly.
Voted Most Beautiful Campus in the U.S.
We’re not the only ones who think that the College of Charleston has a stunning campus. Travel + Leisure voted this campus as the most beautiful in the entire country in 2017. The unique Roman architecture gives the impression that you’re stepping back in time as you walk through the sprawling campus. The cistern is the most photographed area of the college, which is where graduation is held each year. A large outdoor area, the cistern is filled with huge live oaks that are covered in enchanting Spanish moss. Perhaps the most unique aspect of the campus is the history and mystery that surrounds it. Professors’ offices can be found at the top of spiraling staircases connected to traditional Charleston single-style homes or even tucked away inside the arches that lead to the cistern.
Experience an All-American City
While many large universities have many forms of entertainment offered by the college itself, the College of Charleston is located right in the middle of the bustling city, providing students with access to the best activities in the area. From campus, students can walk through the streets admiring the brightly painted, Antebellum-style houses on their way to the tip of the peninsula known as the battery. Here, you can watch boats sail through the ocean or have a picnic at the White Point Gardens. You’ll find plenty of beautiful outdoor places to sit and enjoy the weather—from Marion Square, where the weekly farmers market is held, to Hampton Park.
For college students, there’s also no shortage of great bars and restaurants to check out. King Street is the hub for great dining, and you’ll find every type of food you could want—Italian, Vietnamese, classic Southern and so much more. On the weekends, King Street is flooded with young people bar hopping, exploring the best rooftop bars, hanging out in some of our favorite dive joints and listening to live music. It’s nearly impossible to be bored when you’re living right in the heart of historic Charleston, S.C.
Students living in Charleston are amongst the luckiest college kids in the country because not only do you have access to the city, but you can easily head to the beach on any day of the week. And, because of the area’s pleasant year-round weather, you can explore all of the Charleston beaches during any season. It’s not uncommon to see people heading to the beach in the middle of winter for a walk along the shore. Our climate may be mild, but you will still need to bring a jacket along for the stroll.
From downtown Charleston, S.C., students have three options when it comes to going to the beach—Folly Beach, Sullivan’s Island or Isle of Palms. The Isle of Palms is the furthest from the campus but has one of the most popular beach bars in the area, The Windjammer, which hosts live music and beach volleyball competitions each summer. Sullivan’s Island is much closer to downtown but also located in Mount Pleasant. This charming little beach area is the Charleston beach with the best selection for food. Order mimosas and oysters for a fancy brunch at Obstinate Daughter, or head to HomeTeam for some Southern-style barbecue and their famously potent alcoholic drink, the Game Changer. The last of the three Charleston beaches, Folly Beach is located on James Island and gives off more of a bohemian beach vibe. Many students opt to go here because of the laid-back atmosphere and bars along Center Street.
The Football Team Is “Undefeated”
A running joke amongst current CofC students and alumni, the College of Charleston football team is notoriously undefeated—because they do not exist. For some, the lack of a football team might be problematic, but Charleston is just two hours from Columbia, S.C., home of the Gamecocks, meaning you can easily drive up for the weekend to catch a game. Although Charleston does not have a football team, there are frequent basketball games at the TD Arena with BYOB tailgates beforehand, baseball games at Patriot’s Point and our olympic-level sailing team. In fact, sports are a major part of the College of Charleston community. Students can even opt to take sailing or yoga as a class during the year.
Achieve a Liberal Arts Education
In today’s world, your major doesn’t necessarily make or break your future career path, and getting a liberal arts education can provide you with a well-rounded knowledge of many subjects so you can use your skills in multiple fields. Liberal arts schools try to cover humanities and social and natural sciences, as well as mathematics to give students some insight into many different areas before they select a major. People with degrees from a liberal arts school are attractive to employers after graduation because they have been taught how to implement their skills across multiple areas of study, making these employees self-sufficient and adaptable.
Colleges in Charleston, S.C.
The College of Charleston
The most popular school in Charleston, S.C., the College of Charleston is a liberal arts school located in the heart of historic downtown with a variety of excellent programs and a knowledgeable staff of professors. For those who aren’t quite sure what career they would like to break into after graduation, the College of Charleston is a great choice because the liberal arts program will set you up to explore a variety of classes and industries. Most students at CofC live in one of the many dorms during their freshman year before moving off campus into a downtown apartment. Because the downtown area only covers a few miles, it’s easy to find an apartment near the campus. For those looking to get a top-notch education and stay close to the beaches and city, College of Charleston is an excellent choice.
Trident Technical College
Trident has both a downtown and North Charleston campus. The main location in North Charleston is much larger and offers a greater variety of classes, but some students elect to take as many classes as they can at the downtown location to stay close to all that the city has to offer. Trident is a two-year school, which makes it an excellent choice for anyone trying to save money on out-of-state tuition. Many students come to Charleston, S.C., attend Trident for two years and then transfer to the College of Charleston. This is such a common process that the two schools have a seamless system for transferring students over.
Charleston Southern University
This small Baptist college is located in North Charleston, not far from the downtown area. Overall, the college welcomes about 3,600 students each year. For those who thrive in an environment with more direct instruction and smaller classes, Charleston Southern is a great option. This school also implements a liberal arts program, but because it is a private university connected with the South Carolina Baptist Convention, the curriculum tries to tie in religion and spirituality.
Medical University of South Carolina
One of the top medical schools in the South, the Medical University of South Carolina (MUSC) is also located right in downtown Charleston and is known for its outstanding programs. Many people seeking a career in the medical field will choose to attend the College of Charleston for a bachelor’s degree and then stay in Charleston and continue their education at MUSC. This school is located on the west side of the peninsula in a quieter, more residential area then the College of Charleston.
Charleston’s military college was established in 1842 as part of a state-organized military to educate young people and train them for service simultaneously. Over the last century, the college continues to incorporate its military origins with many of the students intending to serve in some branch of the military after graduation, though some students simply attend the college for a more rigid type of higher education.
American College of the Building Arts
Located in downtown Charleston, the American College of the Building Arts is a unique college in the city that focuses on more hands-on artistic avenues of education, such as different types of architecture, masonry and plasterwork. This is a great option for students who have an interest in this specific career path and are ready to jump into a curriculum designed to train them to move directly into their line of work after graduation.
Downtown Charleston is broken into 11 different neighborhoods that stretch across the peninsula from the affluent South of Broad, which houses many of the mansions located on The Battery, to Wagener Terrace and Hampton Terrace on the northern end of the city, featuring more family residential areas. For students attending a school downtown, staying near the campus is important because you’ll have quick and easy access to classes and all that Charleston’s nightlife has to offer. Here are some of our top neighborhoods for students and young working professionals.
Much of the College of Charleston campus is located within Harleston Village, making this the most desired area of town for younger residents. You’ll be able to walk to almost every building on campus within 10 minutes, and you’ll find tons of great restaurants nearby. This area of town is also just a few blocks from King Street, where nearly all of the most popular establishments are in the city. From coffee shops to dive bars, college students will find everything they need in Harleston Village.
This area is probably the second most desired neighborhood in downtown Charleston for those attending school. Cannonborough/Elliotborough is a few blocks further from campus than Harleston Village, which means many students living in this area will ride bikes or skateboards to get to class more quickly, though it’s still within 25 minutes to walk to the college. Here, you’ll find easier access to those same upper King Street bars and restaurants, but you’ll also discover a wave of new and eclectic spots that have been popping up in the neighborhood. In the evenings, you can grab tacos from the well-loved Charleston restaurant Fuel or check out the intriguing menu of Asian Fusion options at Xiao Bao Biscuit.
Though both Wagener Terrace and Hampton Terrace are not highly populated by college students, this neighborhood is great for young professionals looking to settle down after graduation without having to leave the peninsula. Further north than many of the other neighborhoods, both areas are more laid-back with many families choosing to settle in this part of town. Here, you’ll find far fewer traditional Charleston single homes that have been split into apartments and more quaint, cottage-style houses. The best part of this neighborhood? The beautiful nearby Hampton Park, where events like outdoor yoga are frequently held. You’ll also be closer to places like Moe’s Crosstown Tavern, a dive bar with killer burgers, and The Park Cafe, a charming little place for brunch or lunch.
So many people are attracted to Charleston, S.C., because of the city’s many options for college students, but once young people have experienced the beauty and excitement of our unique city, they never want to leave. Whether you’re interested in getting a liberal arts education from the College of Charleston, a more religiously oriented study program at Charleston Southern or a hands-on experience at the American College of the Building Arts, Charleston has many diverse options for every type of student. Pick the college that speaks to you most and come experience all that Charleston, S.C. has to offer.
Overall the economy is performing well due to factors such as low unemployment and solid retail sales. An interest rate reduction seems likely in 2019 and would, especially in the Charleston market, be a welcome opportunity for growth.
Closed Sales -1.3% | Median Sales Price +7.3% | Months Supply -5.1%
Market Statistics by Area
- Downtown Charleston
- Upper Charleston Peninsula
- Upper Mount Pleasant
- Lower Mount Pleasant
- Daniel Island
- Folly Beach
- Isle of Palms/Wild Dunes
- Sullivans Island
- Kiawah Island
- Seabrook Island
- James Island
- West Ashley
- Johns Island
- North Charleston
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We Did It Again!
Did you hear the news? For the 7th consecutive year, the readers of Travel + Leisurehave named Charleston the No. 1 city in the US. I can’t say we’re surprised, but we’ll take it! To read the full article visit: bit.ly/ChasNo1USCity
Where to Eat in Charleston, July 2019
Baker and Brewer | Downtown Charleston
Located at the former home of DeSano Pizza Bakery, Baker and Brewer is the hottest new pizzeria and brewpub from the makers of EVO Pizzeria and Holy City Brewing.
Dashi | North Charleston
Fans of Dashi’s foodtruck (myself included) are thrilled to finally see a brick-and-morter restaurant, serving up Asian and Latin cuisines – now with an expanded menu!
The Salty Dog Cafe | Bohicket Marina
After a long wait, The Salty Dog has opened in Bohicket Marina (right next to our Kiawah/Seabrook office!) offering waterfront dining with some pretty great views.
Maison | Downtown Charleston
Brought to you by Carlton “Vandy” Vanderwarker, the former chef de cuisine at The Ordinary, and former Fish bartender, Will Love, Maison is a french inspired bistro sure to please!
As we hit the mid-year mark, we are starting to notice a reoccurring trend – low inventory and steadily increasing home sales. In addition to this, we are currently seeing a slight rise in days on market (up 8.5% from this time last year), which is most likely due to schools being out for the summer causing buyers to wait to make those large purchase. That being said, markets across the country are starting to level off, meaning more wiggle room for buyers which is always a good sign. As long as the weather works in our favor, we anticipate a healthy real estate market for the Charleston area.
Closed Sales +3.0% | Median Sales Price +4.0% | Months Supply -2.6%
Market Statistics by Area
Tax Credits for Historic Properties
People from all over the world love Charleston and its wonderful architecture. Our leaders years ago, knew that preserving that charm would be important to its future. What might seem to some like draconian rules that must be followed have become the unswerving guiding principles to preserving these beloved historic structures. Consequently, incentives have been put in place to encourage owners to “do it the right way” and truly restore and not just remodel historic buildings.
How does it work?
Taxpayers who rehabilitate their owner-occupied residence may be eligible to subtract 25% of the costs of many expensive repairs and renovations from their state income taxes.
How do I qualify?
Your building must meet both of these criteria:
1. You must own and live in the building or a portion of the building that will be rehabilitated. It can be a house or another type of historic building, such as a school or store, that you are rehabilitating to live in. An historic outbuilding associated with your residence, such as a barn or a garage, can also be eligible for the credit. The credit does not apply to buildings or portions of buildings that are used in a trade or business or produce income.
2. Your building must be one of the following:
• listed individually in the National Register of Historic Places
• contributing to a listed National Register historic district
• determined by the State Historic Preservation Office (SHPO) to be eligible for individual listing in the National Register
• an outbuilding that contributes to the significance of a property listed in the National Register
One might be surprised to learn that tax credits are available all around the Lowcountry and not just downtown Charleston that qualify. Here are a few: Historic District (HD) in Summerville, Hampton Park Terrace, a carriage house downtown, a Freedman’s cottage in North Central, Mt. Pleasant HD, Ashley River HD Atlanticville HD Charleston Navy Yard Officer’s quarters HD, French Quarter HD, Moultrieville HD, Pinopolis HD, Pineville HD, Sullivan’s Island HD, Successionville HD to name a few.
What elements qualify?
Money spent in the following categories may be counted as “Rehabilitation Expenses” when calculating the amount of credit:
• restoration of historic plaster
• energy efficiency measures except insulation in frame walls
• repairs or installation of heating, air conditioning, or ventilating systems
• repairs or installation of electrical or plumbing systems exclusive of new electrical appliances and electrical or plumbing fixtures
• architectural and engineering fees.
Allowable expenses do not include the cost of new construction beyond the footprint or volume of the existing building, the cost of acquiring or marketing the property, the value of an owner’s personal labor, or the cost of personal property.
Are there other requirements?
You must spend more than $15,000 within 36 months on Rehabilitation Expenses that qualify. Remember, this is a government program. There will be forms to complete, timelines, reviews, and copious documentation is required.
What is the most important take away?
Do not start any work until the first form is approved by the state of SC. You must have documentation of every element you intend to claim with before and after photos. You must tract specific expenses scrupulously throughout the process and you must quantify all work. This is not easy and contractors don’t like doing it so you will likely be the project manager for the tax credit work. But remember, it pays well come April 15th.
Spring has SPRUNG and eager buyers are out in full force this season. With beautiful weather and new listings up 4.2%, it’s no wonder competition is fierce for well-priced homes in the Charleston area. Although inventory is still a factor, sellers are poised to make quite a profit in the coming months. With the the national unemployment rate dropping to 3.6% during April 2019 (the lowest level since 1969) we anticipate a positive affect on the real estate market.
Closed Sales -2.6% | Median Sales Price 0.0% | Months Supply 0.0%
Market Statistics by Area
Thinking about launching your career in Charleston, SC? You’ve chosen the right city. With its diversified economy, low unemployment rate and robust job growth, the Charleston-metro region offers plentiful job opportunities for those seeking employment.
On top of it all, Charleston is simply an incredible place to live. In addition to bountiful job opportunities, the Holy City’s coastal location also provides gorgeous beaches, scenic views and an endless array of recreational activities. Not to mention the city’s globally renowned food scene and rich history, which further contributes to the economy with its vibrant tourism.
If you’re ready to enter the job market, where you live can make all the difference to your success. Let’s take a deeper look into what makes Charleston one of the best cities for job hunters.
Charleston Labor Statistics at a Glance
Finding a job and settling down in Charleston, SC could be easier than you think. According to the SC Department of Employment & Workforce’s latest Charleston Community Profile, the Holy City’s low unemployment rate is outperforming both the state and the nation.
South Carolina’s monthly unemployment rate was at 3.3 percent for March 2019, while Charleston’s was at 2.8 for the same month. With the nation’s monthly unemployment rate at 3.9 percent, Charleston beats it by more than a whole percentage point.
Here are a few additional facts and figures from the report:
- Monthly Unemployment Rate (unadjusted): 8 percent
- Unemployed: 5,830
- Employed: 204,462
- Population in 2010: 348,370
- Projected Population for 2020: 366,380
- Notable Employers: The Boeing Company, Medical University of SC, The Citadel, Comcast
Why Job Seekers Are Flocking to Charleston, SC
There is no doubt about it: the Charleston job market is hot. A growing number of job seekers are turning to the Holy City for steady employment due to the region’s thriving economy, ideal port location and ongoing support from the local community.
As you could probably guess based on the labor market statistics above, Charleston’s economy is fueling job creation and contributing to the city’s prosperity. According to the Milken Institute’s Best Performing Cities index, Charleston’s economy ranked 16th-best in the nation, jumping six places up from last year.
What’s behind the city’s economic growth? The following economic trends are playing a significant role in Charleston’s economic expansion:
- Job Growth: Charleston’s job outlook is promising. According to a Talent Demand Study by the Charleston Metro Chamber of Commerce, the city will add nearly 35,000 jobs by 2022. The report stated that 80 percent of this job growth will be in 10 specific occupations.
- Fast-Growing City: Job seekers—especially millennials—are flocking to Charleston. Attracted by the area’s lifestyle and promising job growth, young professionals are now scooping up homes in Charleston and contributing to the overall health of the economy.
- Promising Outlook: A healthy and diverse economy is essential to any metro region’s future success. Fortunately, Charleston boasts a diverse and flexible economy that is fueled by tourism, its vibrant shipping industry, retailers, airlines and more. This diversity is critical to reducing the potential negative impact of future recessions.
- Capital Investment: Thanks to its business-friendly atmosphere and innovative workforce, companies are continuing to invest heavily in Charleston. From the new Mercedes-Benz plant in North Charleston to Boeing, capital is an essential component for cities to grow—and Charleston has it in spades.
Prosperous Port City
Charleston’s coastal location plays an enormous role in its economic boom and prosperity. The region has benefited from the wealthy seaport dating back to the 1800s when Charleston first rose to prominence as a hub for Atlantic trade.
Today, the Port of Charleston is a key player in the city’s economy and providing hundreds of thousands of jobs statewide. According to an Economic Impact Study by the South Carolina Ports Authority (SPCA), the Port of Charleston provides an estimated $53 billion in annual economic activity, 187,600 jobs and $10.2 billion in labor income.
The Port of Charleston—which is owned and operated by the SPCA—is continuing to pave the way towards a brighter future for Charleston. Not only did the SPCA report a record-breaking year for container shipments in 2018, but the Port of Charleston is also unveiling new infrastructure to accommodate “super ships.” With this major milestone, the Holy City is continuing to grow its presence in global trade and laying the groundwork for a booming manufacturing economy.
Job Seeker Resources and Assistance
Charleston residents and lawmakers have strived to create government agencies and organizations that can help job seekers and business owners achieve their life goals. If you’re currently searching for employment in the Holy City, be sure to make use of the resources available to you:
- Charleston Job Network: Job opportunities, resume and cover letter writing help, career events, webinars, etc.
- Charleston County Public Library: Job opportunities, technology learning services, business resources (printing, copying, scanning), one-on-one business counseling, etc.
- Charleston Metro Chamber of Commerce: Networking events, expert panels, professional career development, etc.
- SC Works: Job opportunities, employer/employee resources, career coaches, veteran assistance, etc.
- Charleston Regional Development Alliance: Resources for entrepreneurs and established companies, connecting them to organizations such as Charleston Digital Corridor and Holy City Collective.
- Charleston, SC SCORE: Business-to-business mentoring, online workshops, local guidance and other assistance for entrepreneurs and small business owners.
Strong and Supportive Community
There is little doubt that Charleston’s economic success is bolstered by its tight-knit community. Whether you’re a transplant or you were born and raised in the Lowcountry, the locals embody true Southern hospitality and are willing to go the extra mile to help their neighbors out.
This is especially true for those who wish to launch a business in the Holy City. The community is incredibly supportive of startups, entrepreneurs and small business owners, with residents making a conscious effort to shop local. From supporting Small Business Saturday to participating in the Charleston Art Walk, locals regularly support businesses large and small.
Top Industries in Charleston
As a coastal city with a deep port and a busy, international airport, it probably comes as no surprise that Charleston is teeming with business activity. While not every profession within an industry will have the same job outlook, you can maximize your chances of employment by launching your career in one of the city’s top-performing industries.
Charleston’s tourism industry is a huge driver of the economy and job opportunities in the region. According to CHS Today, tourism accounted for 20.1 percent of sales in 2017 in the Greater Charleston Metro and resulted in an economic impact of $7.4 billion for the same year.
It’s no big surprise, given the city’s vast amenities and offerings. Charleston has been voted the best U.S. city by Travel + Leisure Magazine for six years running and consistently ranked in the magazine’s ‘best cities in the world’ category as well.
What’s not to love? With the city’s historic houses, vibrant culture and award-winning food, Charleston has remained a hot travel destination for all types of adventure-seekers, from retirees and families to single ladies throwing bachelorette parties.
The hospitality and tourism industries often go hand-in-hand. After all, the millions of people who visit Charleston each year need somewhere to stay and eat as they explore everything the city has to offer.
The hospitality industry (which includes things such as restaurants, lodging, parks, transportation and travel) has plenty of open positions for job seekers. In fact, Charleston’s growing tourism industry has led to a staffing shortage as business owners struggle to fill positions in their restaurants and hotels.
Whether you’re a chef hoping to start a restaurant in Charleston or you want to work as a concierge at one of the city’s many hotels, the industry is ripe with opportunities.
Almost a decade ago, Boeing chose North Charleston as its new production facility, driving up the city’s aerospace sector along with it. Since then, other manufacturing companies have followed suit, including auto manufacturers Volvo and Mercedes-Benz.
The manufacturing industry has long been contributing to Charleston’s economic growth. In addition to tax-friendly policies and pro-business climate, the region has supported the advanced manufacturing sector through its workforce strategy. From rethinking school curriculum to apprenticeships and internships, the city has made a conscious effort to reduce the skills gap and produce a qualified workforce.
If you’re a nurse or physician, finding a job in Charleston is almost guaranteed in the current economic climate. Home to top-notch facilities such as the Medical University of South Carolina (MUSC) and Roper St. Francis, the Holy City boasts a diverse concentration of healthcare talent that is growing all the time.
As the need for healthcare services grows, Charleston is once again finding itself in a staffing shortage crisis for certain positions. If you’re a qualified nurse or physician, chances are good that you’ll easily land a job in the city.
Forget Silicon Valley—Charleston’s new nickname, ‘Silicon Harbor’ reflects its thriving tech scene that has been steadily growing in the past decade. Fueled by the increasing number of millennials moving to the region, Charleston’s tech scene is now home to more than 500+ tech companies and offers a vast array of job opportunities and resources for tech workers.
If you’re searching for a job in the tech sector, be sure to check out the Charleston Digital Corridor. Launched more than a decade ago, the community-backed initiative aims to attract and nurture tech workers in the Greater Charleston Metro area and grow the city’s sizeable talent pool.
Finding a Home in Charleston, SC
After securing employment in a new city, the next logical step is to relocate. If you’ve landed your dream job and are now ready to start searching for a home in Charleston, SC, you’ll no doubt want to explore all the options available to you.
Explore Charleston’s Diverse Neighborhoods
From its vibrant and historic downtown area to the small-town appeal of Mount Pleasant, each area around the Charleston coast has something unique to offer residents. Depending on where you’re at in life, some areas may appeal to you more than others.
Are you a retiree looking for privacy and relaxation? If so, life on Kiawah Island or Sullivan’s Island could be right up your alley. Searching for the best place to raise a family? Check out the award-winning schools on Mount Pleasant and see if it’s a good fit for you and your little ones.
Remember that buying a home is one of the biggest financial decisions you’ll ever make. To ensure that you make the right choice, be sure to talk with Charleston real estate experts who can give you the inside scoop on what it’s like to live, work and play in the Lowcountry.
Spend a Few Weekends at the Beach
If you love white sands and the sound of crashing waves, consider relaxing on Charleston’s pristine beaches for a weekend. Spending time at one of the city’s gorgeous beaches is an excellent way to find your ideal beach—and choose a home in close proximity to it.
From the family-friendly shores of Isle of Palms to the unspoiled beaches at Seabrook Island, Charleston’s varied beaches are as beautiful as they are unique. Book a vacation rental and spend quality time with the family as you discover your ideal beach.
Historic Home or Modern?
One of Charleston’s key attractions for tourists and homeowners alike are its historic homes. Full of charm and beauty, historic homes can be a dream come true for some homeowners—and a total nightmare for others.
If you’re considering the possibility of buying a historic home, make sure that you consider the rules and regulations that the city has put in place. Renovations can be a tricky process that may not be worth the charming qualities and features.
To sum it all up, Charleston’s thriving economy and vast array of amenities has transformed the city into a haven for job seekers and entrepreneurs. Whether you want to try your hand at a career in the restaurant industry or take advantage of the growing opportunities in the technology sector, moving to Charleston could be the key to launching your career.
Despite mixed weather patterns across much of the U.S. in the first quarter, prices in the Charleston,SC market moved higher as the Median Sales Price was up 5.8 percent. Many home buyers and sellers are sighing in relief as the Federal Reserve announced there will be no further interest rate hikes planned for 2019. This is great news for the area and we anticipate increasing numbers reflected not only in home sales, but in terms of mortgage rates as well, which typically follow suit.
Closed Sales -9.1% | Median Sales Price + 5.8% | Months Supply -2.6%
Market Statistics by Area
If you’re searching for a home in downtown Charleston, we can’t say we blame you. From its antebellum mansions to its charming 1920s bungalows, historic downtown Charleston boasts a diverse array of homes that are full of history, charm and character.
Each of Charleston’s historic neighborhoods offer something different in the way of personality, history and amenities. Whether you’re a first-time home buyer or looking for your home away from home, here is a helpful guide to finding the perfect place in one of Charleston’s historic neighborhoods:
The Perks of Living in Downtown Charleston
Charleston offers a variety of perks for families, young professionals and retirees alike. From the city’s award-winning cuisine and craft brews to its charming cobblestone streets, here are a few reasons locals love living in the Holy City:
- Rich History — Charleston’s rich history is apparent in its gorgeous architecture, cobblestone streets and horse-drawn carriages. Living in downtown Charleston is truly akin to stepping back in time while maintaining all the modern amenities you can’t live without.
- Lowcountry Cuisine — Renowned for its burgeoning food scene, Charleston boasts a wide variety of award-winning restaurants, bakeries and breweries. Moreover, we have plenty of festivals to celebrate the unique food culture of the Lowcountry.
- Mild Winters — Can’t stand bitter cold winters? Move to Charleston and you’ll no longer need to put up with the cold. The Holy City has mild winters that average around the 60s.
- A Welcoming Community — Southern hospitality is alive and well in Charleston. Its friendly atmosphere gives it the feel of a small town, though it has all the amenities of a larger city.
- Endless Things to Do — With so many festivals, sports, beautiful parks and annual events, you’ll never lack things to do in the Holy City.
From pristine beaches and family-friendly activities to growing job opportunities and great schools, there is so much more to love about Charleston than what we’ve listed here. Once you move here, you’ll understand why so many residents never want to live anywhere else.
Which Historic Charleston Neighborhood is Right for You?
So, you have your heart set on living in Charleston. Now all that’s left to decide is which neighborhood is the best fit for you and your family.
Here is a quick look at the unique personalities and characteristics of Charleston’s historic neighborhoods:
Wagener Terrace is an affordable historic neighborhood that many families and young professionals call home. Filled with homes built in the 1920s through the 1950s, the tree-lined neighborhood offers families a great place to settle down and raise a family. Corrine Jones Playground, a newly refurbished play area in Wagener Terrace, provides families plenty of opportunities to walk, bike, picnic and play. Another perk to living in Wagener Terrace is its proximity to trendy, upscale eateries and to Hampton Park, the largest park on the peninsula.
The North Central neighborhood features homes built in the ‘30s, ‘40s and ‘50s, many of which are bungalow style. This fast-growing neighborhood is popular with young professionals due to its affordability and proximity to Upper King Street. It’s also near the booming North Morrison Drive area, which is quickly transforming into a tech hub for creative businesses and entrepreneurs.
Charleston’s historic East Central neighborhood includes the North Morrison Drive area, or “NoMo” as it’s called. This area is a hotbed for tech startups and local businesses, making it an attractive neighborhood for young professionals.
The East Central neighborhood’s architecture comprises a unique mix of industrial buildings, urban lofts and historic homes. Despite its many historic homes, East Central is also considered a hipster haven, boasting a diverse mix of trendy restaurants and eclectic local shops. If you plant your roots in the East Central area, you’ll have easy access to bars and restaurants such as Tattooed Moose, Edmund’s Oast and Lewis BBQ.
Hampton Park Terrace
If you enjoy the quieter side of historic downtown Charleston, Hampton Park Terrace is for you. Known for its namesake park, Hampton Park Terrace is shaded by majestic oak trees and lush foliage, giving a sense of privacy amidst the hustle and bustle of downtown. The majority of homes here were built between 1914 and 1922.
Snagging a historic home in this neighborhood is well worth the quiet serenity offered by Hampton Park, which boasts gorgeous flowers, ponds, hiking trails and much more. It’s also located right by The Citadel, Charleston’s historic military college.
Perfect for first-time homebuyers, the West Side is a diverse neighborhood with residents from all walks of life. The neighborhood features homes with excellent value and room for growing families, provided the homebuyer isn’t afraid of getting their hands dirty by fixing up a 1910-20s home.
The West Side is home to Harmon Field, a mid-sized park featuring three soccer fields, a baseball field, batting cages and more. Situated on the Ashley River, Brittlebank Park is also within walking distance, as well as the Joe Riley Baseball Stadium. It is also close in proximity to Upper King Street restaurants, the West Edge neighborhood as well as the new Publix.
If you’re looking specifically for a fixer upper, the East Side is the perfect place. As the entire Charleston Peninsula continues its fast-paced growth, the East Side is being transformed from a somewhat underdeveloped neighborhood into an engaged community with big revitalization plans. One successful project is the renovated Cigar Factory, which is now an impressive retail space offering premier culinary experiences.
With a range of housing from $300,000 fixer uppers to $1,000,000 renovated homes, this historic neighborhood is a laidback area best known for its fantastic eateries, many of which are housed in historic buildings. If you’re working at the College of Charleston or the Medical University of South Carolina (MUSC), the Cannonborough/Elliottborough is an ideal place to plant your roots.
The diverse neighborhood features both rentals and single-family homes running the gamut from fixer uppers to recently renovated. For families who want good value, a central location and a wide array of eating options, Cannonborough and Elliottborough are a sure bet.
Bordered by Upper King Street to the East, Radcliffeborough is a lively neighborhood that offers residents excellent shopping and dining opportunities. Home to many doctors and students due to its proximity to MUSC, the eclectic neighborhood includes a mix of condos, historic homes and new developments. Ashley Hall, an all-girls private school, is located here as well and may be of interest to families with young daughters.
Mazyck-Wraggborough, often shortened to just Wraggborough, is a fast-growing neighborhood with rich culture and history. Home to several historic homes such as the Aiken-Rhett house and many churches, the area is renowned for its grand architecture and stylish homes.
Residents of Wraggborough enjoy the nightlife and dining opportunities from nearby King Street and a vast array of cultural museums such as the Children’s Museum of the Lowcountry. It’s also within close walking distance to Marion Square, the Charleston Music Hall and other city hotspots.
One of Charleston’s most multi-faceted neighborhoods, Harleston Village is a dynamic area called home by students, families, retirees and young professionals alike. The historic neighborhood boasts Colonial Lake and Moultrie Park at its center, where many choose to relax on the weekends. Residents can explore the Battery, walk around historic buildings at the College of Charleston or stop by some of the area’s quaint restaurants for tasty eats.
King Street Historic District
If you want to live in the hustle and bustle of the city, check out the historic homes in the King Street Historic District. Rich in culture and history, living in Historic Charleston allows easy walking distance to upscale dining and shopping, art galleries and more. Young professionals and wealthy businesspersons dominate this area, with many choosing to forgo cars due to the area’s walkability. Housing options range from historic homes to modern apartments and loft-style condos.
Flanked by the King Street Historic District, Ansonborough is also home to ambitious professionals and well-to-do families. Ansonborough was Charleston’s first neighborhood, laid out in 1746 after the land was acquired by Captain George Anson.
Many of the homes were constructed from brick after the great fire of 1838 burned the vast majority of the existing buildings. If you’re searching for a historic home, rest assured that the neighborhood has its fair share of beautiful, historic homes amid the many condos, townhomes and luxury properties. Historic homes here range in price from $750,000 to $2,000,000.
Renowned for its art galleries, historic theatres and churches, the French Quarter is named after the high concentration of French merchants that inhabited Charleston in the early 18th century. Although homes are difficult to come by in this area, prices range from $600,000 to around $2,000,000. If you can find your dream historic home in Charleston’s French Quarter, you won’t be disappointed with your surroundings. From its cobblestone streets to its beautiful homes and gardens, the romantic flair makes this a coveted neighborhood in historic Charleston.
South of Broad
One of Charleston’s most exclusive and desirable neighborhoods, South of Broad is what many Charleston visitors first see in their brochures. Rich in beauty and history, this quiet neighborhood offers both tranquility and easy access to the best downtown amenities.
From rows of stunning antebellum mansions along East Bay and Meeting streets to historic condos and townhomes, architectural styles come in a wide range. The neighborhood is home to Rainbow Row, the iconic pastel-colored homes along East Bay Street, as well as grand architectural homes such as the Calhoun Mansion and the Nathaniel Russell House.
If you want to live in the South of Broad neighborhood, expect homes to be in the $850,000 to $23,000,000 price range.
Tips for Purchasing a Historic Home in Charleston, S.C.
Once you’ve settled on the perfect historic neighborhood in Charleston, it’s time to find your dream home. If you have your sights set on a historic home, here are a few tips to keep in mind:
- Cost Varies by Location — As you probably know, living in historic Charleston can be expensive. All that charm, history and unique architecture doesn’t come cheap! It’s best to be open to different neighborhoods in case your dream location is out of your budget.
- Budget for Maintenance — Historic homes can be costly to maintain. Aging plumbing systems and deteriorating brick can incur anywhere from minor costs to expensive renovations. By budgeting for these in advance, you can get a more accurate picture of what you can truly afford.
- Know the Restrictions — Living in a historic district can have a few downsides, one of which is that you can’t do certain things to your home. Bes sure to check with Charleston’s Board of Architectural Review to get approved for any significant changes to your historic home.
- Get a Home Inspection — Be sure to get a home inspection from a professional who has experience with historic homes. They will know to assess the home in the context of the home’s time period and will alert you to potential hazards, such as plumbing problems or structural issues.
- Take Advantage of Tax Credit — Homes that are listed on the National Register of Historic Places may be subject to tax deductions and a tax credit. Considering the high cost of maintaining a historic home, you’ll no doubt want to take advantage of this.
Find Your Dream Historic Home in Charleston, S.C.
Whether you’re just starting a career, settling down with your family or looking for a place to retire, Charleston is a fantastic choice. Surrounded by culture, history and scenic beauty, living here is like owning your own little slice of paradise.
Have additional questions about living in Historic Charleston? Get in touch with one of our experienced Charleston real estate agents. We’ll help you find the right home and neighborhood that works best for your entire family.
Despite early predictions of a housing market slump, February numbers indicate a resilient market, even with inclement weather in other parts of the country deterring some buyers. While it is too early to predict how the rest of the year will pan out, we do anticipate an active market as the weather gets better and more buyers flock to the city to find their forever homes.
Closed Sales +9.4% | Median Sales Price + 2.9% | Months Supply -5.4%