Home Values

Berkeley County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$149,500

  • 10.5% 1-year change
  • 2.8% 1-year forecast

The median home value in Berkeley County is $149,500. Berkeley County home values have gone up 10.5% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Berkeley County is $102, which is lower than the Charleston Metro average of $136. The median price of homes currently listed in Berkeley County is $205,000 while the median price of homes that sold is $165,450. The median rent price in Berkeley County is $1,275, which is lower than the Charleston Metro median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In Berkeley County 5.9 homes are foreclosed (per 10,000). This is greater than the Charleston Metro value of 4.8 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Berkeley County is 7.1%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Berkeley County homeowners underwater on their mortgage is 21.2%, which is higher than Charleston Metro at 17.1%.

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Relative ZHVI
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Berkeley County Market Overview

Data through Nov 30, 2014
  • $149,500 ZHVI
  • 2.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $205,000 Median listing price
  • $165,450 Median sale price
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Berkeley County Market Health

Data through Nov 30, 2014
  • 1.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 21.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

5.9 homes Berkeley County
4.8 homes Charleston Metro
4.2 homes United States
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Cities in Berkeley County

Name Median ZHVI
Hanahan $182,100
Huger $179,200
Moncks Corner $161,300
Name Median ZHVI
Bonneau $143,100
Goose Creek $141,200
Jamestown $133,100
Name Median ZHVI
Cross $123,400
Pineville $113,600
Saint Stephen $108,500

Listings & Sales

Data through Nov 30, 2014
  • $102 Median list price / sq ft
  • $100 Median sale price / sq ft
  • No data Listings with price cut
19.7%
Sold below listing
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Berkeley County Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,220 Berkeley County
    $1,407 Charleston Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,275 Rent list price
  • $0.85 Rent list price / sq ft
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