North Charleston SC Real Estate
North Charleston Real Estate Represents South Carolina's Boom TownIn recent years, the City of North Charleston has been described as South Carolina’s most notable “Boom Town.” Located near the eastern-most end of Interstate 26, North Charleston, SC, is bounded by the Cooper River to the east, the Ashley River to the west, and the City of Charleston to the south.
Incorporated in 1972, North Charleston has grown to become South Carolina’s third largest municipality in both population and area. This incredible growth is due, in part, to the city’s aggressive annexation strategy that has reached north and west into undeveloped Dorchester County, thus making it one of the fastest growing counties in the state. This strategy has increased the city’s population from 79,641 in 2000 to an estimated 87,482 in 2006. And the city is expected to top 152,000 residents by the year 2015.
North Charleston, SC, has also expanded from 59 square miles in 2000 to more than 73 square miles today. In fact, the city stretches across the borders of three major South Carolina counties—Charleston, Berkeley and Dorchester—making it the geographic and population center of the Charleston Metropolitan Area. It also serves as the region’s transportation hub, home to the Charleston International Airport, the region’s only Amtrak and Greyhound Bus stations, and the Port of Charleston’s North Charleston Terminal, a modern container handling facility served by two major rail carriers and a number of truck lines.
Known as the region’s military and industrial epicenter, North Charleston, SC, has, in recent years, evolved into a vibrant city that attracts more than two million visitors each year. The city boasts the 13,500-seat North Charleston Coliseum, home to the East Coast Hockey League’s S. C. Stingrays; state-of-the-art convention and performing arts centers; modern shopping facilities; and a growing number of beautifully planned neighborhoods.
Residents of North Charleston and owners of North Charleston, SC, real estate also enjoy a mild year-round climate, a thriving local economy, close proximity to other major cities across the Southeast and all the assets of the entire Charleston Lowcountry just minutes away.
Those looking to live year-round or own a second home in the South Carolina Lowcountry will find the best home value in the North Charleston real estate market, with the median house/condo price in 2005 at $96,600, a substantial rate of appreciation from $75,200 in 2000, yet still below the state’s median value of $113,100.
North Charleston is clearly at the heart of it all in the South Carolina Lowcountry, a place that is centrally located to all the region has to offer. The stage is set for growth and prosperity for this exciting city to continue throughout the 21st century.
North Charleston, South Carolina, Statistics
Population (Estimated 2006): 87,482
Median Age: 29.9
No. of Households: 33,649
Median Household Income (Estimated 2005): $31,017
Average Temperature: 66°F