Charleston, S.C.

Homes in this city have history, but also come with big price tags. It?s an overpriced city, according to Local Market Monitor, but it?s been saved from massive foreclosures, with 839 properties with filings last year, representing .31 percent of households.
Median price end of 2007: $204,500
Median price end of 2006: $210,900
% change: – 3 %
Projected change through Q3 2008: + 0.2%
Affordability rating: 5.3
Foreclosures in 2007:
(1 for every 315 households)
839
Foreclosures in 2006:
(1 for every 425 households)
621
Change in foreclosures: + 35.1%
Current rate comparison
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Price trends

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June ’06: National median price $227,100
Dec. ’06: National median price $221,900
Dec. ’06: Local median price $210,900
June ’07: National median price $229,200
Dec. ’07: National median price $198,700
Dec. ’07: Local median price $204,500
* Median prices for existing single-family homes