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Cheap Homes in Folly Beach, SC

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Folly Beach, SC Foreclosures

How much do homes sell for in Folly Beach, SC?
The average home price is currently $1,348,652.
What’s the average rental cost in Folly Beach, SC?
The average rental price in Folly Beach is $2,533.
What is the most expensive home in Folly Beach?
The most expensive home sold in Folly Beach had a price of $7,425,000.
What is currently the cheapest priced home in Folly Beach, SC?
The cheapest home for sale in Folly Beach is priced at $17,492.

Living in Folly Beach, SC

Folly Beach is a charming coastal town located just south of Charleston, South Carolina. Known for its laid-back vibe, stunning beaches, and vibrant local community, it is an ideal destination for those looking for a beach retreat. The area offers various outdoor activities, local dining options, and beautiful sunrises and sunsets over the Atlantic Ocean.

Current Market Conditions in Folly Beach, SC

Folly Beach's real estate market is currently strong, with rising demand for vacation homes and rental properties. The appeal of coastal living has attracted a diverse range of buyers, from local families to out-of-state investors looking for rental opportunities. The market has seen steady appreciation over the past few years, making it an attractive investment locale.

With a unique blend of residential and vacation properties, the market continues to trend upward, boosted by tourism and the successful rental market. The limited inventory of beachfront homes has also contributed to price increases, with buyers competing for desirable listings.

Home Value Estimator For Folly Beach, SC

There are currently 1,996 real estate properties in Folly Beach, SC, with a median automated valuation model (AVM) price of $1,219,862.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Folly Beach, SC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Folly Beach, SC, is $1,348,652.00, with the most expensive house in Folly Beach, SC, topping out at $7,425,000.00 and the cheapest home in Folly Beach, SC, clocking in at $17,492.00. In other words, there’s something for every potential homebuyer or savvy investor in Folly Beach, SC!

Rent Prices In Folly Beach, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Folly Beach, SC, is on a rollercoaster ride. The average rent price in Folly Beach, SC, is $2,533.00. Indeed, when looking to rent in Folly Beach, SC, you can expect to pay as little as $1,020.00 or as much as $5,110.00, with the average rent median estimated to be $2,510.00. The good news is that finding an affordable and desirable property to rent in Folly Beach, SC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Folly Beach, SC

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