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Folly Beach, SC Housing

 
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As of 2010-2014, median price of a house in Folly Beach is $638,900, which is much higher than the state average of $137,600 and is much higher than the national average of $175,700. The Folly Beach median house value has grown by 125.68% since 2000. The growth rate for the price of a house in Folly Beach is much higher than the state average rate of 44.99% and is much higher than the national average rate of 46.91%. The median year that a house in Folly Beach was built is 1989, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 717 Owner Occupied Houses in Folly Beach, SC, #6
Folly Beach, SC
638,900 USD
South Carolina
137,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #9
Folly Beach, SC
125.68%
South Carolina
44.99%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Folly Beach, SCSouth CarolinaU.S.
Total Housing Units2,718, see rank, 100%2,160,383132,741,033
Occupied Housing Units1,276, 46.95%, see rank83.12%87.55%
Owner Occupied717, 26.38%, see rank57.03%56.34%
Renter Occupied559, 20.57%, see rank26.09%31.21%
Vacant Housing Units1,442, 53.05%, see rank16.88%12.45%
For Rent287, 10.56%, see rank3.50%2.34%
For Sale Only59, 2.17%, see rank1.45%1.20%
Rented or Sold, Not Occupied30, 1.10%, see rank0.86%0.92%
For Seasonal, Recreational, or Occasional Use1,017, 37.42%, see rank5.85%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant49, 1.80%, see rank5.20%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #57
Folly Beach, SCSouth CarolinaU.S.
198919861976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Folly Beach, SC%South CarolinaU.S.
Owner-Occupied Units717100%1,232,15474,787,460
With a Mortgage46464.71%, see rank60.95%65.58%
Without a Mortgage25335.29%, see rank39.05%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Folly Beach, SC
3,173 USD
South Carolina
1,201 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFolly Beach, SC%South CarolinaU.S.
$299 or Less00.00%, see rank0.25%0.20%
$300 to $49900.00%, see rank2.58%1.59%
$500 to $69900.00%, see rank8.65%5.01%
$700 to $999296.25%, see rank22.78%14.32%
$1,000 to $1,499183.88%, see rank34.15%27.90%
$1,500 to $1,9999620.69%, see rank16.80%20.35%
$2,000 to $2,9995211.21%, see rank10.61%19.52%
$3,000 or More26957.97%, see rank4.19%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Folly Beach, SC
41.30% of the Total Income
South Carolina
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Folly Beach, SC%South CarolinaU.S.
10% or Less6814.66%, see rank6.71%5.86%
10% to 20%6814.66%, see rank35.25%31.95%
20% to 30%6914.87%, see rank25.95%27.64%
30% to 40%183.88%, see rank12.25%13.74%
40% or More24151.94%, see rank19.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Folly Beach, SC
612 USD
South Carolina
347 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFolly Beach, SC%South CarolinaU.S.
$199 or Less00.00%, see rank13.07%7.76%
$200 to $299103.95%, see rank24.48%14.70%
$300 to $49910842.69%, see rank40.27%34.63%
$500 to $6997128.06%, see rank14.26%21.16%
$700 or More6425.30%, see rank7.92%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Folly Beach, SC
10.00% of the Total Income
South Carolina
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Folly Beach, SC%South CarolinaU.S.
10% or Less14858.50%, see rank43.95%40.19%
10% to 20%8332.81%, see rank30.22%31.47%
20% to 30%00.00%, see rank10.99%12.24%
30% to 40%00.00%, see rank5.04%5.64%
40% or More228.70%, see rank7.88%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Folly Beach, SCSouth CarolinaU.S.
Total Housing Units2,718, 100%2,160,383132,741,033
1-unit, Detached1,581, 58.17%, see rank62.20%61.65%
1-unit, Attached308, 11.33%, see rank2.82%5.82%
2 Units122, 4.49%, see rank2.24%3.75%
3 or 4 Units246, 9.05%, see rank2.88%4.43%
5 to 9 Units76, 2.80%, see rank4.71%4.78%
10 or More Units345, 12.69%, see rank8.19%13.08%
Mobile Home, Boat, RV, Van, etc.40, 1.47%, see rank16.97%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Folly Beach, SCSouth CarolinaU.S.
Total Housing Units2,718, 100%2,160,383132,741,033
1 Room0, 0.00%, see rank1.39%1.95%
2 Rooms44, 1.62%, see rank1.26%2.48%
3 Rooms142, 5.22%, see rank6.09%9.13%
4 Rooms491, 18.06%, see rank16.98%16.60%
5 Rooms680, 25.02%, see rank23.67%20.41%
6 Rooms711, 26.16%, see rank19.72%18.06%
7 Rooms254, 9.35%, see rank13.10%12.27%
8 Rooms212, 7.80%, see rank8.38%8.48%
9 Rooms or More184, 6.77%, see rank9.40%10.60%
Median Rooms5.50, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Folly Beach, SCSouth CarolinaU.S.
Total Housing Units2,718, 100%2,160,383132,741,033
No Bedroom0, 0.00%, see rank1.46%2.17%
1 Bedroom166, 6.11%, see rank5.67%11.16%
2 Bedrooms776, 28.55%, see rank25.61%26.69%
3 Bedrooms1,139, 41.91%, see rank48.91%39.70%
4 Bedrooms458, 16.85%, see rank14.98%16.05%
5 or More Bedrooms179, 6.59%, see rank3.36%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Folly Beach, SCSouth CarolinaU.S.
Total Housing Units1,276, 100%1,795,715116,211,092
Utility Gas312, 24.45%, see rank23.19%48.85%
Bottled, Tank, or LP Gas10, 0.78%, see rank4.45%4.86%
Electricity954, 74.76%, see rank69.42%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank1.31%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood0, 0.00%, see rank1.13%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.11%0.47%
No Fuel Used0, 0.00%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFolly Beach, SCSouth CarolinaU.S.
Occupied Units Paying Rent559, 100%508,63639,201,928
$199 or Less0, 0.00%, see rank1.64%1.50%
$200 to $2990, 0.00%, see rank3.64%3.18%
$300 to $4990, 0.00%, see rank9.95%7.37%
$500 to $69946, 8.23%, see rank23.11%16.01%
$700 to $999184, 32.92%, see rank35.98%29.17%
$1,000 to $1,499102, 18.25%, see rank19.71%26.88%
$1,500 to $1,999107, 19.14%, see rank4.01%9.79%
$2,000 or More120, 21.47%, see rank1.97%6.10%
Median$1,170, see rank$784$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Folly Beach, SCSouth CarolinaU.S.
Occupied Housing Units1,276, 100%1,795,715116,211,092
No Vehicles Available28, 2.19%, see rank7.05%9.12%
1 Vehicles Available492, 38.56%, see rank33.91%33.80%
2 Vehicles Available454, 35.58%, see rank38.53%37.48%
3 or More Vehicles Available302, 23.67%, see rank20.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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