Foreclosure Homes in Pawleys Island, SC 29585

Current Market Conditions in Pawleys Island, SC

The real estate market in Pawleys Island has been experiencing steady growth over the past few years. Property values have appreciated due to the area's popularity, particularly among retirees and vacation home buyers. The demand for coastal properties remains high, although inventory has started to increase as new developments are introduced to the market.

Rental properties, especially vacation rentals, are in strong demand due to the town's attraction as a tourist hotspot, contributing to increased property revenues for owners. Overall, the market appears to be favorable for both buyers and investors.

Rent Prices In Pawleys Island, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pawleys Island, SC, is on a rollercoaster ride. The average rent price in Pawleys Island, SC, is $1,604.00. Indeed, when looking to rent in Pawleys Island, SC, you can expect to pay as little as $590.00 or as much as $3,240.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Pawleys Island, 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.