Zip 29451 (Isle of Palms, SC) Housing

The housing market in 29451 Isle of Palms, SC is booming. The median value for a house in the area currently stands at $1,375,600, which is substantially higher than the national median value of $338,100. Moreover, over the course of the past year the appreciation rate for home values in this area has been 17.10%, which is nearly double the US average of 8.27%. This indicates that investing in real estate here could be very lucrative and that now may be an excellent time to buy or sell a home in 29451 Isle of Palms, SC.

The median home cost in Isle of Palms (zip 29451) is $1,375,600. Home appreciation the last 10 years has been 136.5%. Home Appreciation in Isle of Palms (zip 29451) is up 23.1%.

Average Age of Homes

- The median age of Isle of Palms (zip 29451) real estate is 28 years old

The Rental Market in Isle of Palms (zip 29451)

- Renters make up 7.4% of the Isle of Palms (zip 29451) population
- 25.5% of houses and apartments in Isle of Palms (zip 29451), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Isle of Palms, South Carolina	United States
	4,459.0	139,647,020.0
	34	42
	$1,375,600	$338,100
	23.1%	16.6%
	67.9%	57.0%
	136.5%	101.1%
	$3.50	$10.98
	$3,115	$2,690
	38.0%	57.4%
	56.7%	11.2%
	5.3%	31.4%
Vacant Housing
	25.5%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.9%	0.4%
	28.2%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.0%	11.3%
	1.5%	13.0%
	0.9%	20.1%
	2.4%	13.6%
	1.5%	8.3%
	30.9%	9.7%
	22.1%	3.9%
	21.3%	2.2%
	6.8%	0.8%
	12.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.3%	13.6%
	14.3%	13.6%
	21.4%	13.6%
	32.0%	13.2%
	12.4%	14.8%
	21.4%	13.6%
	6.8%	10.0%
	2.3%	4.7%
	0.3%	12.2%

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