Folly Beach, SC is an attractive housing market to consider. The median value of a house in Folly Beach is $1,199,000 - much higher than the US median value of $338,100. This is reflective of the strong appreciation in the area over the last year, with a 17.10% increase compared to just 8.27% nationwide. With such strong growth potential combined with beautiful beach views, it's no wonder that Folly Beach remains a popular destination for prospective home buyers.
The median home cost in Folly Beach is $1,199,000. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Folly Beach is up 23.1%.
Average Age of Homes
- The median age of Folly Beach real estate is 27 years old
The Rental Market in Folly Beach
- Renters make up 20.6% of the Folly Beach population
- 7.3% of houses and apartments in Folly Beach, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.