Neighborhood Profile

Silver Hill/Magnolia

Charleston, SC | Charleston County
Scored premium profile
Best Neighborhoods USA Index
16.8
National rank: #14,815 of 14,967
Stability and Strength
25.2
Score
Value Opportunity
18.9
Score
Momentum
0.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCharleston, SC
CountyCharleston County
National rank#14,815 of 14,967
State rank#158 of 160
City rank#23 of 23
County rank#23 of 23
National percentile1.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$380,643
Year-over-year home value change-19.1%
Month-over-month home value change-1.94%
Home value to income ratio15.43
Median household income$24,670
Bachelor's degree or higher49.0%
Civilian unemployment rate7.1%
Homeownership rate22.6%
Housing vacancy rate18.8%
Rent burden 30% or higher58.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Silver Hill/Magnolia

What is the Best Neighborhoods USA ranking for Silver Hill/Magnolia?

Silver Hill/Magnolia is ranked #23 of 23 eligible neighborhoods in Charleston; #158 of 160 eligible neighborhoods in SC; and #14,815 of 14,967 eligible neighborhoods in the United States.

Is Silver Hill/Magnolia one of the best neighborhoods in Charleston?

Silver Hill/Magnolia has a Best Neighborhoods USA Index of 16.8 and a city ranking of #23 of 23 eligible neighborhoods in Charleston.

How much are homes worth in Silver Hill/Magnolia?

The current Zillow Home Value Index for Silver Hill/Magnolia is approximately $380,643.

Are home values rising or falling in Silver Hill/Magnolia?

Zillow neighborhood values changed -19.1% year over year and -1.94% month over month.

What is the Neighborhood Momentum Score for Silver Hill/Magnolia?

Silver Hill/Magnolia has a Neighborhood Momentum Score of 0.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Silver Hill/Magnolia?

The NDS-derived neighborhood median household income is approximately $24,670.

How affordable is Silver Hill/Magnolia relative to household income?

The current Zillow home-value-to-household-income ratio is 15.43. Price-to-income affordability is a major Value Opportunity input.

Is Silver Hill/Magnolia primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 22.6%.

What is the unemployment rate in Silver Hill/Magnolia?

The NDS-derived civilian unemployment rate is approximately 7.1%.

How educated are residents of Silver Hill/Magnolia?

Approximately 49.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Silver Hill/Magnolia face high rent burden?

Approximately 58.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Silver Hill/Magnolia?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications32
Estimated originations19
Home-purchase applications19
Origination rate60.7%
Home-purchase share60.8%
Average application loan$240,959
Total application loan amount$7,639,782
National application rank#9,030 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 68.9% YoY; originations 70.3% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.