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Folly Beach, SC

Full City Profile · South Carolina · Charleston County County

3.0 /5.0
B Good
958 Population 77/sq mi density
$97,813 Median Income $78,174 per capita
$951,200 Home Value $1,021,686 Zillow
$1,930 Median Rent 33.7% income on rent
67°F Avg Temperature 308 sunny days/yr
440 Violent Crime/100K 3,187 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$97,813 median income, 1.8% unemployment
F
Affordability
1.2 / 5.0
$951,200 home value, $1,930/mo rent
F
Safety
1.0 / 5.0
440 violent crimes/100K (16% above avg)
A+
Education
5.0 / 5.0
60.5% bachelor's degree or higher

Housing Overview

Median Home Value
$951,200
237% above
US avg: $281,900
Median Rent
$1,930/mo
66% above
US avg: $1,163/mo
Homeownership Rate
91.5%
40% above US avg (65.4%)
Total Housing Units
2,242
Median year built: 1990

Home Value by Source

Census Median
$951,200
Zillow (ZHVI)
$1,021,686
Median Sale Price
$824,500
Median List Price
$1,462,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.5%
Owner-Occupied
8.5%
Renter-Occupied
92%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$928/mo
1 Bedroom
$982/mo
2 Bedroom
$1,155/mo
3 Bedroom
$1,450/mo
4 Bedroom
$1,699/mo
Census median rent: $1,930/mo

Market Indicators (Redfin)

Median Days on Market
268 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
6
Price Drops
15.0%
of listings with price reduction
Price Per Sq Ft
$545
Active Inventory
60
homes for sale

Affordability & Housing Stock

Rent Burden
33.7%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
91.5%

Complete Housing Data

Home Values

Census Median Value$951,200
Zillow Home Value (ZHVI)$1,021,686
Median Sale Price$824,500
Median List Price$1,462,500
Price Per Sq Ft$545

Rent

Census Median Rent$1,930
FMR Studio$928
FMR 1-Bedroom$982
FMR 2-Bedroom$1,155
FMR 3-Bedroom$1,450
FMR 4-Bedroom$1,699

Market

Days on Market268
Sale-to-List Ratio0.9%
Price Drops15.0%
Homes Sold6
Active Inventory60
Price Per Sq Ft$545

Ownership & Stock

Owner-Occupied91.5%
Renter-Occupied8.5%
Homeownership Rate91.5%
Total Housing Units2,242
Median Year Built1990
Rent Burden33.7%