Foreclosures in Folly Beach, SC

Current Market Conditions in Folly Beach, SC

The real estate market in Folly Beach has been quite dynamic recently, characterized by a steady increase in demand for coastal properties. With the charm and appeal of beach living, many buyers are seeking vacation homes, which has led to rising prices. Currently, listings tend to move quickly, with properties averaging days on the market lower than the national average.

In the past year, the real estate market has experienced an impressive rate of appreciation, driven by strong consumer interest amplified by remote working trends. Many buyers are looking for properties that offer not only a vacation retreat but also a lifestyle change, which has put upward pressure on home prices.

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 $2,534.00. 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.