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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Charleston, MS Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Charleston, MS Housing Market Trends

With 1,757 people, 838 houses or apartments, and a median cost of homes of $126,350, house prices in Charleston are solidly below the national average.

Single-family detached homes are the single most common housing type in Charleston, accounting for 68.78% of the city's housing units. Other types of housing that are prevalent in Charleston include mobile homes or trailers ( 24.69%), duplexes, homes converted to apartments or other small apartment buildings ( 5.82%).

The most prevalent building size and type in Charleston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.23% owning and 51.77% renting.

There is a lot of housing in Charleston built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Charleston built between 1940-1969 ( 27.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.06%). There's also some housing in Charleston built before 1939 ( 6.94%).

Vacant housing appears to be an issue in Charleston. Fully 14.49% of the housing stock is classified as vacant. Left unchecked, vacant Charleston homes and apartments can be a drag on the real estate market, holding Charleston real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Charleston Home Appreciation Rates

Real estate appreciation rates in Charleston's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.03% during the period.

NeighborhoodScout's data show that during the latest twelve months, Charleston's appreciation rate, at 6.10%, has been at or slightly above the national average. In the latest quarter, Charleston's appreciation rate has been 2.38%, which annualizes to a rate of 9.88%.

Relative to Mississippi, our data show that Charleston's latest annual appreciation rate is higher than 50% of the other cities and towns in Mississippi.

Average Home Values

Median Home Value

$126,350

Charleston, MS Home Prices
> $1,393,000
$1,045,001 - $1,393,000
$696,001 - $1,045,000
$557,001 - $696,000
$418,001 - $557,000
$279,001 - $418,000
$139,001 - $279,000
$70,001 - $139,000
$0 - $70,000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
9.2%
9.2%
29.0%
29.0%
46.7%
46.7%
15.1%
15.1%
0% 100.0%
% of Homes
Low

for Mississippi

Very Low

for nation

Number of Homes And Apartments:

838

Charleston Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,277 / per month

Homeownership Rate

Owners
Renters
48.2%
48.2%
51.8%
51.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.5%
14.5%
85.5%
85.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
13.1%
13.1%
52.9%
52.9%
27.1%
27.1%
6.9%
6.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.8%
68.8%
0.7%
0.7%
5.8%
5.8%
0.0%
0.0%
24.7%
24.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.8%
2.8%
1.6%
1.6%
38.5%
38.5%
45.7%
45.7%
6.8%
6.8%
4.6%
4.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Charleston

Zip Codes in Charleston, MS