Low Country Real Estate: Why South Carolina Homes Are Trending
Everyone Is Moving to the Palmetto State
The secret is out — South Carolina is an amazing place to live, and more than just retirees are moving there. In the last two years alone, it seems that South Carolina homes, on average, have appreciated more than 11%, and the rate is still improving.
According to this Neighborhood Scout article, 66% of South Carolina residents own a home, and almost 50% of those homes have three bedrooms or more. According to U.S. census reports from the last year, South Carolina ranked 10th in the category of fasting-growing state. So why is owning a home in South Carolina so attractive? Read on to find out more.
Serious Bang for Your Buck in South Carolina
The average cost of a three-bedroom house in South Carolina, regardless of which city you may be looking in, is between $113,000 and $225,000. In cities like Charleston and Columbia, many of these homes are historic Victorian houses that feature plenty of charm and character. The average effective property tax in South Carolina is the seventh lowest in the country – so not only is property cheaper in South Carolina, but it’s also cheaper to own property.
Charleston, South Carolina landed in the top five of US News‘s list of the 25 Best Places People Are Moving in 2017. It also ranked number 9 on their list of Most Desirable Places to Live. According to Livability.com, the cost of living in South Carolina is 13% lower than the national average. This low cost of home ownership makes South Carolina an extremely attractive state for folks looking to get the best value for their home.
Plenty to Do Outside
With miles of gorgeous beaches and over 30 state parks, South Carolina is a veritable mecca for people who value quality time spent in the great outdoors. South Carolina state parks make up more than 80,000 acres of protected land.
Rich history and gorgeous natural landscapes combine to create a haven for history buffs and nature lovers alike. For more information on South Carolina’s many historical landmarks, check out this list from Explore Southern History.
Two Words: The Food
South Carolina natives are very proud of their food. From Blue Crabs to hush puppies, the food in South Carolina is definitely something to write home about—or if you live in South Carolina, you can just bring it home in a to-go box. If you don’t think people relocate based on the food of a certain city, check out this Post & Courier article on how Charleston quickly became the most populated city in South Carolina.
For an amazing list of seafood and other delicious eats in Charleston and beyond, check out one of our favorite South Carolina blogs, Look Linger Love.
South Carolina’s beaches are a feast for the eyes, and there are so many of them that everyone will find something for their taste. If you’re into high-tourist populations with boardwalks and lots of shopping, check out Myrtle Beach or Hilton Head Island.
For a more quiet beach experience, consider looking at real estate in Garden City. And check out Livability’s article on how to avoid SC’s crowded beaches for more options.
Looking to Buy a Home in South Carolina?
If you currently live in the Palmetto state and are getting ready to buy, or if you are considering relocating soon, you’ll want to consider purchasing sooner rather than later. As houses in South Carolina continue to trend, prices will only continue to rise. Get in on the market while it’s still ultra affordable, and watch your property appreciate.