Commercial Real Estate Market in N Charleston, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
448 active listings and 5,500 off-market properties in N Charleston, SC. Commercial property asks $471/SF to buy and $29.24/SF/Yr to lease.
Market Trends
N Charleston, SC spans 63.7 square miles in Charleston County, South Carolina. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in N Charleston, SC asks $34.59/SF/Yr to lease. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in South region
Retail
Retail vacancy in N Charleston, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in N Charleston, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in N Charleston, SC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
N Charleston, SC has 126,361 residents in 57,972 households. Density runs 1,983 people per square mile. Median household income here is $62,480 and median gross rent $1,318 a month.
126,361
Population
57,972
Households
2.2
Avg Household Size
35
Median Age
27%
College-Educated
86%
High-School Grad
63.7 sq mi
ZIP Area
1,983
Density / Sq Mi
$62,480
Median Household Income
$40,859
Median Earnings
$1,318
Median Rent
$260,602
Median Home Value
Tools
Lease vs Buy Breakeven
At $29.24/SF/Yr lease vs $471/SF buy → buying wins if held > 4.6 years.
At a 6.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hanahan | — | $8.31 |
| North Charleston | — | $20.46 |
| Goose Creek | — | — |
Commercial property in N Charleston, SC asks $471/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in N Charleston?
Commercial property in N Charleston, SC asks an average of $471 per square foot. The 5 most recent recorded sales traded at a median of $293/SF, so asking sits 61% above the achieved median.
How much does it cost to lease commercial space in N Charleston?
Asking lease rates in N Charleston, SC average $29.24 per square foot per year. Office asks $34.59/SF/Yr as of Q2 26, up from $26.75/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in N Charleston?
Buying beats leasing in N Charleston, SC if the property is held longer than 4.6 years, comparing $29.24/SF/Yr asking rent with $471/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's N Charleston market data come from?
Realmo compiles N Charleston, SC figures from 6 recent recorded sales, 228 active sale listings, 220 active lease listings, 5,500 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 228 active for-sale and 220 active for-lease listings in N Charleston, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
