Is Goose Creek the Next Hotspot for Homebuyers? What the Market Data Says

by | Feb 20, 2025 | 55 Plus Communities, blog, Goose Creek

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Goose Creek is gaining attention in South Carolina’s housing market. Home prices are rising, inventory remains tight, and new developments are bringing fresh opportunities. Buyers looking for affordability outside Charleston are taking notice. But is now the right time to buy? Market data suggests Goose Creek is emerging as a real estate hotspot.

Current Goose Creek Real Estate Market Trends

Home values in Goose Creek have surged in recent years, reflecting growing demand. According to Redfin, the median sale price of a home in Goose Creek reached $390,000 in December 2024, marking a 21.4% increase from the previous year (Redfin, 2024). This price jump highlights strong buyer interest and suggests a competitive market.

Long-term trends also point to steady appreciation. Zillow reports that the average home value in Goose Creek is now $313,328, reflecting a 2.1% increase over the past year (Zillow, 2024). While this growth is slower than the median sale price increase, it indicates that Goose Creek remains a stable investment for homeowners.

Indoor Pool at Four Seasons at Cane Bay

Why Homes in Goose Creek Are Selling Fast

With limited housing supply, homes in Goose Creek are selling quickly. Redfin data shows that homes in Goose Creek typically go under contract within 21 days, a decrease from 30 days in the previous year (Redfin, 2024). This means homes are selling faster, giving buyers less time to make decisions.

Tight inventory is also affecting price negotiations. More than 40% of homes sold in Goose Creek are closing above the asking price, demonstrating strong demand. As fewer homes remain on the market, sellers have gained an advantage, leading to increased home values.

Buyers who wait too long may find themselves priced out. In January 2023, the average price per square foot was $150. By late 2024, that number had climbed to $180 per square foot. These numbers suggest that delaying a purchase could mean paying significantly more in the near future.

New Home Construction in Goose Creek

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Goose Creek is expanding, with new construction fueling demand.  Realtor.com  reports that there are currently 48 new construction homes for sale in Goose Creek, with a median listing price of $335,000  (Realtor, 2024). Builders are responding to demand by developing neighborhoods with modern features, energy-efficient homes, and desirable amenities

Additional residential projects are in the pipeline.  Live 5 News reports that Goose Creek city leaders are reviewing a proposal for a 43-acre housing development, which could add hundreds of new homes to the area  (Live 5 News, 2024). This growth signals confidence from developers who see long-term value in Goose Creek’s housing market.

Affordability: Goose Creek vs. Charleston Home Prices

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Goose Creek offers better affordability than Charleston, where home prices have soared.  As of late 2024, the median home price in Charleston is $550,000, significantly higher than Goose Creek’s $390,000 median price  (Redfin, 2024).

For buyers looking for space and value, Goose Creek provides a more budget-friendly option without sacrificing proximity to Charleston’s job market. Many professionals working at Boeing, Volvo, and the Naval Weapons Station choose Goose Creek to avoid Charleston’s rising housing costs while maintaining a reasonable commute.

55+ Active Adult Communities in Goose Creek and Summerville

Outdoor Pool at Four Seasons at Cane Bay
For buyers looking for space and value, Goose Creek provides a more budget-friendly option without sacrificing proximity to Charleston’s job market. Many professionals working at Boeing, Volvo, and the Naval Weapons Station choose Goose Creek to avoid Charleston’s rising housing costs while maintaining a reasonable commute.

Goose Creek is also an attractive option for retirees and those looking for  55+ communities . The area and nearby Summerville feature several active adult communities, including  The Elms of Charleston, Four Seasons at The Lakes of Cane Bay, Del Webb at Cane Bay, and Cresswind Charleston . These communities offer resort-style amenities, low-maintenance homes, and an active lifestyle close to Charleston’s conveniences. Many retirees are choosing Goose Creek and Summerville over Charleston due to affordability, a quieter pace of life, and easy access to healthcare services.

Goose Creek Rental Market: A Strong Investment Opportunity

Outdoor Pool at Four Seasons at Cane Bay
Goose Creek’s strong rental demand makes it appealing to investors.  With its proximity to Joint Base Charleston, Boeing, and Volvo, rental occupancy rates remain high . Many military families, young professionals, and relocators seek rentals in Goose Creek, creating a steady demand for housing.

The average rent for a single-family home in Goose Creek has increased by 15% over the past two years, now averaging $2,100 per month. Investors purchasing properties benefit from rising rents and strong tenant demand. Short-term rentals also present an opportunity. With Charleston’s stricter regulations on vacation rentals, nearby areas like Goose Creek are seeing increased interest in Airbnb-style properties.

Should You Buy a Home in Goose Creek Now?

Outdoor Pool at Four Seasons at Cane Bay

Market data suggests that Goose Creek is on a strong upward trajectory.  With home prices up 21.4% year-over-year and developments in progress, the area continues to attract buyers and investors. Buyers who act now may secure homes at lower prices before values climb further. Sellers stand to benefit from strong demand and limited inventory. Investors can capitalize on rental income and appreciation potential. For those considering a move, the numbers are clear—Goose Creek is no longer just an affordable alternative to Charleston. It is becoming one of the most competitive real estate markets in the region.

Contact us today, and we’ll walk you through the process from start to finish to ensure you find the right home for you.

Give us a call today at 843-574-3150

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