South Carolina Real Estate Market: Forecasts + Trends

Clever Real Estate's Photo
By Clever Real Estate Updated February 20, 2023

SHARE

South Carolina real estate trends

Real estate trends in South Carolina | Sellers | Buyers | Investors | The best and worst of South Carolina | South Carolina resources

With white sand beaches and a coastline dotted with islands, it's no wonder South Carolina has a booming tourism industry. In recent years, South Carolina has also become a major destination for retirees, families, and anyone seeking a taste of Southern charm.

Further inland, South Carolina's geography rises to meet the rolling Appalachian Mountains. Major cities range from beach communities like Hilton Head and Myrtle Beach to more urban areas including Charleston, Columbia, and Greenville.

The Palmetto State is known for serving up Southern delicacies like mustard-spiked barbecue, lowcountry boil, and shrimp and grits. Beyond its food tradition, South Carolina was the first state to host an opera and launched multiple dance crazes.

If you're thinking of buying or selling in South Carolina, these South Carolina housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1.5% or $3K in listing fees. Eligible buyers get cash back after closing. Find out how much you can save with Clever today!

Selling a home in South Carolina

South Carolina real estate market forecast for sellers
⏰ Homes are selling 2 days faster than the annual average 💰 Homes are selling for $7,392 less than the annual average
💸 Average listing commission: 2.80% 💸 Average buyer's commission: 2.82%
Show more

How to sell a home in South Carolina

Cost to sell a home in South Carolina

💰 Save thousands on realtor fees with Clever

List with the best agents in your area for just 1.5%. On average, Clever sellers save $7,000 on commission!

Our agent matching service is 100% free with zero obligation.

Buying a home in South Carolina

How much home you can buy with $300,000 in...
🏠 Columbia: 1,974 sq ft 🏡 Myrtle Beach: 1,282 sq ft
🏡 Charleston: 1,154 sq ft 🏠 Spartanburg: 1,840 sq ft
Show more

Investing in South Carolina real estate

Best of South Carolina

Each month, we compare locations in South Carolina based on different criteria. This month, we're looking at levels of happiness and ranking the best counties in the state.

Happiest Counties in South Carolina
1. York County
2. Charleston County
3. McCormick County
4. Beaufort County
5. Greenville County
Show more

Ready to buy a home in South Carolina? Eligible buyers get cash back with Clever!

Worst of South Carolina

Each month, we compare locations in South Carolina based on a different criteria. This month we're looking at levels of happiness data. These are the counties that ranked the worst in the state.

Least Happy Counties in South Carolina
1. Marlboro County
2. Barnwell County
3. Allendale County
4. Bamberg County
5. Dillon County
Show more

South Carolina resources

👋 Next Steps: Talk to an expert

If you're weighing your options for buying or selling a house, Clever can help!

Our fully licensed concierge team can answer your questions and provide objective advice on getting the best outcome with your sale or purchase.

When you enter your info below, we'll ask you a few questions about your situation via a short form. Then our concierge team will be in touch shortly to help.

This service is free, and there’s never any obligation to move forward with us.

Frequently asked questions about South Carolina real estate

Is it a buyer's or seller's market in South Carolina?

It is currently a seller’s market in South Carolina; sale prices are high and housing inventory is low. However, each city and town has its own trends, so it’s best to check in with a real estate agent to understand your local market.

Is South Carolina a good state to invest in real estate?

Yes, South Carolina is a good state to invest in real estate, especially in more populous cities like Charleston and Columbia. While that may be the case, investing requires a lot of preparation, such as planning out your finances and creating a long-term business plan. Read our guide to real estate investing to find out more.

Is it a good time to buy a house in South Carolina?

It might not be the best time to buy a house in South Carolina right now. Listing prices and mortgage rates in the state are very high, making it difficult to find a good deal. If you really need to buy, then you should work with a reliable real estate agent to help you find a property that fits your budget.

Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, Bankrate, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area
If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.