Keller Williams Realty
https://www.buyhomesincharleston.com/blog/market-update-north-mount-pleasant-real-estate-what-s-really-happening-in-zip-code-29466-may-2026
Market Update - North Mount Pleasant Real Estate: What's Really Happening in ZIP Code 29466 (May 2026)
Posted By: Alan Donald In: Real EstateDate: Fri, May 15th 2026 12:29 pm
Real estate is hyper-local! What's making headlines nationally — or even across the Charleston metro area — often tells a completely different story from what's happening in your particular area, so we've put together a custom market snapshot just for your zip code and housing type. No fluff, just the numbers and trends that actually affect your home's value.
Curious about what's happening in your neighborhood too? Hit reply, click below or scan the QR code. I'm happy to dig deeper — at no charge to you.
I look forward to serving you!
~Alan
North Mount Pleasant — Zip Code 29466
Single-Family Detached Homes
Market Summary | May 2026
The single-family detached market (SFD) in this area is going through a notable shift, and the latest data — compared to the broader Charleston market — tells an interesting story. The following summary and graphs highlight the main market indicators. Please note these numbers reflect a 3-month rolling average and are compared against the same period last year. You can also click on an individual graph to open a live, full-size chart with the most recent data available that will change with time.
Median Home Prices are down from this time last year. The median home in 29466 sold for $975,000, down 11.8% from $1,105,000 during the same period a year ago. That's a meaningful price correction. Meanwhile, the overall Charleston MLS median sold price actually nudged upward to $468,217 (+2.7%). In other words, prices in 29466 are moving in the opposite direction from the rest of the market — reflecting the unique affordability pressures that come with homes priced near $1 million.
29466 SFD homes are taking longer to sell — but are still selling faster than for the entire Charleston area. Days on market in 29466 doubled from 8 to 16 days year-over-year. That sounds dramatic, but context matters: the average Charleston-area home is taking 25 days to sell. So while 29466 has slowed down, it's still outpacing the broader market.
The Number of Sold Homes in the last 3 months is down by 4.5% from the same period last year in 29466, whereas sales in the metro area increased by 0.7%.
Inventory is tight — yet prices have softened. This is the head-scratcher in the data. With only 137 homes for sale and 2.3 months of supply — well below the MLS average of 3.3 months supply — you'd normally expect prices to hold firm or rise. Instead they're declining. The most likely explanation: At nearly $1 million, the pool of buyers who can comfortably qualify at today's mortgage rates is simply smaller, giving those buyers more leverage regardless of how many homes are available.
Sellers are providing slightly larger discounts, with homes closing at 97.9% of original list price — compared to 98.4% last year — and nearly identical to the MLS average of 97.8%.
The Bottom Line:
Upper Mount Pleasant remains a premium market. Homes here cost more than double the Charleston average and still sell faster. However, the days of peak post-Covid pricing are behind us for now.
For Buyers in 29466: You have a real opportunity to get into Upper Mount Pleasant at slightly more affordable prices.
For Sellers in 29466: Those who price to today's reality will sell; those holding out for last year's numbers will sit.
Today, more than ever, strategy matters! Click here or call me on 843-864-3777 to schedule a private, no-obligation consultation to discuss the right strategy for your particular situation.
~Alan
