Condo Foreclosures in Folly Beach, SC

Current Market Conditions in Folly Beach, SC

The real estate market in Folly Beach has experienced increasing demand due to its desirable location and lifestyle. Home prices have steadily risen, fueled by interest from both buyers seeking primary residences and those looking for vacation homes or investment properties. As a relatively small community, the available inventory can be limited, making it competitive for prospective buyers.

New developments and renovations are adding modern touches to some of the classic beachfront properties, while more buyers are exploring options for rental investments, capitalizing on the area's tourism. This has resulted in positive market trends that indicate Folly Beach remains a strong investment opportunity.

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.