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Charleston Reporter

Saturday, April 19, 2025

Analysis: Charleston County effective property tax rates were lower than the national average in Q1

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Property owners in Charleston County paid 0.4% of the value of their homes in property taxes in the first quarter of 2025, which is less than 0.4 times the national average, according to the real estate analysis posted by Charleston Reporter.

The median sales price of a Charleston County home in the first quarter of 2025 was $475,000, based on data from the 884 properties sold during that time. In 2025, the median tax bill for the county was $2,081, which is 0.4% of the median value of the homes that were taxed.

This is 0.4 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Charleston County real estate data showed homeowners in Kiawah Island, Folly Beach, and Isle of Palms paid the highest rates.

The above article calculates the effective property tax rate for 2025 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following table compares Kiawah Island with some other cities belonging to Charleston County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2025.

CityQ1 2025 SalesQ1 2025 Median PriceMedian tax 2025Effective tax rate
Kiawah Island8$882,500$11,3331.3%
Folly Beach4$597,500$6,3241.1%
Isle of Palms16$810,000$8,0861%
North Charleston218$185,000$1,2100.7%
Meggett2$445,000$2,4810.6%
Seabrook Island13$720,000$4,4660.6%
Ashley Forest3$450,000$2,7130.6%
Long Branch Estates2$357,500$1,6370.5%
Charleston323$525,000$2,1510.4%
Ravenel2$327,100$1,3420.4%
Springfield2$407,500$1,6670.4%
Fenwick Hills2$357,500$1,3440.4%
Whitehall Terrace2$554,836$2,0330.4%
Summerville3$350,000$1,3190.4%
Ponderosa2$362,500$1,3010.4%
Chesterfield2$564,708$2,0830.4%
Mount Pleasant182$767,750$2,3800.3%
Hollywood10$615,000$1,7470.3%
James Island37$552,000$1,7240.3%
Cedar Springs2$452,500$1,4030.3%
Ladson15$250,000$7850.3%
Melrose4$545,000$1,7350.3%
Edisto Island2$1,135,000$2,2360.2%
North Pine Point2$812,450$1,9450.2%
McClellanville5$585,000$1,2380.2%

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