Where Are People Moving From? Charleston’s In-Demand Charm Explained
Charleston’s growing by 34 people per day.
Where are they coming from?
Charleston's charm isn't just for locals — it's a magnet for newcomers from all over the country. With a booming population and a lifestyle that blends history, coastal beauty, and modern amenities, it's no wonder people are flocking to the Holy City.
Recent projections estimate the Charleston-North Charleston metro area will grow from 824,400 residents in 2022 to an impressive 1.32 million by 2060. But where are these new Charlestonians coming from?
Let’s take a look at the top regions contributing to Charleston’s growth and what this means for real estate.
📍 Top Regions Sending New Residents to Charleston
🗽 New York City
Charleston's slower pace, warm weather, and historic charm are calling New Yorkers in droves. Escaping cold winters and the constant hustle, NYC residents are loving the Holy City's steeples and cobblestones instead of skyscrapers.
🍑 Atlanta
Just a few hours down I-20, Atlantans are finding Charleston's coastal lifestyle and rich culture a perfect escape from the traffic jams and urban sprawl of the Peach State's capital.
🏢 Charlotte
Charlotteans are heading south, drawn by Charleston's unique blend of history and coastal living. The Queen City’s growth makes Charleston a popular choice for those wanting a nearby retreat with beach access.
🏛️ DC Metro Area
Washingtonians are swapping the Beltway for the Battery. The blend of Southern hospitality, lower cost of living, and coastal views make Charleston an appealing destination for those weary of DC's fast-paced grind.
🌆 Chicago
Charleston's warm winters and laid-back charm are luring Chicagoans away from the Windy City's frigid temps. The Holy City's beaches, historic homes, and culinary scene are an enticing alternative to Midwest living.
📊 Charleston’s Population Growth in Perspective
Charleston’s population growth is outpacing the national average by a long shot. The Charleston region’s population is expanding three times faster than the U.S. average, with more than 849,000 residents already calling the area home.
This influx brings diverse cultures, fresh ideas, and exciting opportunities to the Lowcountry.
🏡 What Does This Mean for Real Estate?
1. Increased Demand and Rising Property Values
As Charleston attracts new residents, demand for housing continues to climb. This naturally leads to rising property values, making it a great time for homeowners to consider selling.
2. Competitive Market for Buyers
For prospective buyers, the market is dynamic and competitive. Having insider knowledge of emerging neighborhoods and upcoming commercial developments can give you the edge you need.
3. New Developments and Opportunities
More people means more retail, restaurants, and commercial projects. These new developments can enhance neighborhood appeal, boosting residential real estate values even further.
Homesense Will Join the New Trader Joe’s in Mount Pleasant
In a story loyal CHS Happenings subscribers would regard as anti-climactic, the Post & Courier reported that Homesense and Golf Galaxy will be joining the highly-anticipated Trader Joe’s in the new Sweetgrass Corner Shopping Center in Mount Pleasant.
But guess what? I reported this back on October 11! 🤣
🎉 Top 3 Events in Charleston This Weekend
Want to get out and enjoy the best of Charleston? Here are three can't-miss events happening this weekend. For a comprehensive listing of events around Charleston, check our Events Around Town page.
🏃♀️ 33rd Annual Reindeer Run/Walk
Date: Saturday, December 14
Time: 8:00 AM
Location: 137 N Market Street, Charleston
Details: A festive 5K run/walk through downtown Charleston that's family-oriented and pet-friendly. Dust off your reindeer antlers and get in the holiday spirit, all while supporting local charities!
🎄 Folly Beach Christmas Parade
Date: Saturday, December 14
Time: 12:00 PM
Location: Center Street, Folly Beach
Details: Floats, marching bands, and community groups take over Center Street in this beachy holiday parade. After the festivities, meet Santa at Folly River Park for some sweet treats.
🚤 Holiday Parade of Boats
Date: Saturday, December 14
Time: 5:00 PM - 8:00 PM
Location: Charleston Harbor
Details: Enjoy a dazzling holiday spectacle as boats decked out in lights and decorations sail through the harbor. Best views are from the Battery or Waterfront Park. A magical Lowcountry tradition!
Too busy to read, or on the move? Listen to this week’s CHS Happenings episode. 👇🏼👇🏼
What's New in Charleston?
Here’s some stories from this week's CHS Happenings you may have missed.
Here are three noteworthy tidbits from this week's CHS Happenings to keep you in the know.
🎂 Park Circle Welcomes a New Bakery
Great news for those with a sweet tooth! Park Circle is getting a brand-new bakery, adding to the area's growing list of delightful food spots. Because really, can there ever be too many bakeries?
🍽️ A Restaurant Closure with Grace
Not every concept sticks, and Steve Palmer, owner of a once-promising restaurant, decided to call it quits. Sometimes knowing when to step away is the best business decision.
🤌🏼 Indigo Road Chef Ventures Out
A talented chef trained under Charleston's Indigo Road Hospitality Group (home to Indaco, Oak Steakhouse, and O-Ku) is branching out to open his own Italian restaurant in Hanahan. Keep an eye out for this new spot!
🔥 Final Thoughts
Charleston's rapid growth and incoming residents are reshaping the city in exciting ways. If you're thinking about buying or selling a home, staying informed about migration trends, new retail openings, and commercial developments can give you the edge.
Need some insider real estate advice? The Farrell Group has you covered. We live and breathe Charleston — and we're here to help you make the most of this dynamic market.
If you want to be one of those friends who’s ALWAYS in the know about Charleston restaurants, retail and the best events, subscribe to CHS Happenings!
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