The Biggest Myths About the Charleston Real Estate Market (Debunked for 2025–2026)By Brandon Bott — Charleston Realtor Since 2012
Charleston’s rapid growth has created a lot of opinions — and a LOT of misinformation.
Whether you’re buying or selling, it’s important to separate fact from fiction.
Here are the most common myths buyers and sellers believe… and the truth behind them.
❌ Myth #1: “Charleston is too expensive now — it’s going to crash.”
Reality:
Charleston’s fundamentals are extremely strong:
Limited land
High relocation demand
Beaches + lifestyle draw
Strong job growth
Low inventory
The market isn’t overheating — it’s normalizing at a higher price point.
❌ Myth #2: “Mount Pleasant prices will drop soon.”
Reality:
Mount Pleasant is nearly built out.
Less land = stronger long-term value.
It’s consistently one of the most stable real estate markets in the Southeast.
❌ Myth #3: “You should wait for interest rates to drop.”
Reality:
When rates drop, competition skyrockets.
Prices rise faster than the savings.
Timing the market rarely works — buying when you're ready does.
❌ Myth #4: “New construction is always cheaper.”
Reality:
Not anymore.
New builds often cost more due to:
Lot premiums
Upgrade packages
High demand
Inflation in materials
Resale homes sometimes offer better value and larger lots.
❌ Myth #5: “Flood zones mean the home will flood.”
Reality:
Not true.
Flood zones are risk categories, not predictions.
X zones → lowest risk
AE zones → moderate but manageable
VE zones → high coastal exposure
Insurance and elevation matter more than the letter itself.
❌ Myth #6: “Charleston is all vacation homes.”
Reality:
Most Charleston-area buyers are:
Families
Relocators
Retirees
Remote workers
It’s a real community — not just a resort city.
🏁 Final Thoughts
Understanding the facts helps you make smarter, more confident decisions in the Charleston market.
📞 Have questions about buying or selling in Charleston?
Let’s talk through the facts.
Call or text me at 843-754-9737.