Ravenel housing market
Home prices in Ravenel: The median home sold for $376,321 in Jul–Sep 2026 (Redfin); the typical home is worth $477,231, up 0.0% in a year (Zillow).
The typical home in Ravenel is worth $477,231 according to Zillow, up .0% from a year earlier. Homes that sold in Jul–Sep 2026 went for a median $376,321 and took a median 67 days to go under contract. With 2.4 months of supply, the market favors sellers. At today's 7.40% 30-year rate, a buyer putting 20% down would pay about $2,643 a month in principal and interest, about 38% of the town's median household income, before taxes and insurance.
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Home value: Zillow Home Value Index. Sales, days on market and supply: Redfin, a national real estate brokerage, 3-month rolling. Income, rent and ownership: U.S. Census Bureau ACS 5-year. Payment excludes taxes, insurance, HOA and mortgage insurance.
What it costs to live in Ravenel
How much does a house cost in Ravenel?
The typical home in Ravenel is worth $477,231 (Zillow, Sep 2026), up 0.0% from a year earlier. Homes that sold in Jul–Sep 2026 went for a median $376,321 (Redfin). By home value that ranks 13th of the 27 towns tracked here, about 19% below the City of Charleston ($587,511).
What is the monthly payment on a typical Ravenel home?
About $2,643 a month in principal and interest, at today's 7.40% 30-year fixed rate with 20% down (a $95,446 down payment). That leaves out property taxes, homeowners and flood insurance, and HOA dues, which vary from house to house.
How much is rent in Ravenel?
The Census Bureau puts the median gross rent, which includes utilities and counts existing leases, at $1,115 a month (2020–2024).
How do housing costs in Ravenel compare with local incomes?
The median household in Ravenel earns $82,738 a year (Census, 2020–2024). The payment on a typical home would take about 38% of that income, before taxes and insurance. The typical home is worth 5.8 times the median household income.
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Typical figures for the whole town, not an estimate for any one home or household. Sources are listed above.
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