29401 — Charleston County, South Carolina Market Snapshot

Housing market data for zip code 29401 in Charleston County, South Carolina. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

11 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$2,040,000

32.1% YoYClosed sales

Days to Sell

90

Median, listing to close

Homes Sold

11

Closed in 2026

Inventory

17

Sale-to-List

96.1%

New Listings

16

Price/SqFt

$896

Pending Sales

8

Jumbo Loan Likely Needed

The median home in 29401 at $2,040,000 exceeds the 2026 conforming loan limit of $832,750 by $1,207,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

With homes sitting for 90 days on average, 29401 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 29401 sells for 3.9% below asking price (96.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 29401 at $2,040,000 exceeds the 2026 conforming loan limit of $832,750 by $1,207,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 29401 are set at the county level.

2026 Loan Limits — Charleston County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$690,000
2 Units$1,066,250$883,300
3 Units$1,288,800$1,067,750
4 Units$1,601,750$1,326,950

Affordability Snapshot — Zip 29401

To purchase the median home at $2,040,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $15,780.

Monthly Payment

$15,780

Income Required

$676,278

Principal & Interest

$12,570/mo

Down Payment (5%)

$102,000

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 29401.

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Estimated Monthly Payment

$12,775

Principal & Interest$10,585
Property Tax$2,040
Insurance$150
Loan Amount$1,632,000
Total Interest$2,178,643
Income Required$547,505/yr

Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 29401.

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