Housing in Folly Beach, SC is significantly more expensive than the US median value. At a median value of $1,231,600, it is almost four times that of the US median value of $338,100. The appreciation rate for houses in Folly Beach has also been much higher than the US average over the past year with an impressive 17.10% compared to the 8.27% average across the country. This trend is likely to continue and indicates that Folly Beach is a desirable property market for potential buyers and investors alike.
The median home cost in Folly Beach (zip 29439) is $1,231,600. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Folly Beach (zip 29439) is up 23.1%.
Average Age of Homes
- The median age of Folly Beach (zip 29439) real estate is 29 years old
The Rental Market in Folly Beach (zip 29439)
- Renters make up 19.3% of the Folly Beach (zip 29439) population
- 7.7% of houses and apartments in Folly Beach (zip 29439), 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.