Georgetown County, South Carolina Housing Market Prices
Georgetown County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 6% above the South Carolina median$252,872
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Median rent 2% above the South Carolina median More expensive than 80% of counties in South Carolina$1,203
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Georgetown County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $252,872 | $239,609 | $248,835 |
| Price Trend (Annual %) | -1.3% | 8.9% | 7.5% |
| Median Gross Rent | $1,203 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Georgetown County is about 6% higher than in South Carolina. Rent is about 2% higher than the South Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Georgetown County: home prices fell about 1.3% a year while rent rose about 4.9% a year. That is an unusual pattern worth watching.
Median rent in Georgetown County rose about 46.6% between 2015 and 2024, from $820 to $1,203. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Georgetown County.
Buying the median-priced home in Georgetown County costs roughly 17.5 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Georgetown County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Georgetown County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $252,872 | $239,609 | $248,835 |
| Median Household Income | $67,903 | $69,383 | $80,455 |
| Price-to-Income Ratio | 3.7 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Georgetown County fell about 19.5%, while median household income rose about 49.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Georgetown County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 62.3% | 58.5% |
| Rental Rate | 11.7% | 24.4% | 31.2% |
| Vacancy Rate | 27.0% | 13.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Georgetown County has a homeownership rate of 61.3%, lower than the South Carolina average of 62.3%. Its housing vacancy rate is 27.0%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Georgetown County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1993 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Georgetown County was built around 1993. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Georgetown County, SC Housing Compared With Nearby Counties
Georgetown County, SC is the 4th largest of the 5 counties compared here, 64,818 residents against a local median of 192,001. Where Georgetown County, SC breaks from the counties next to it is homeownership, sitting 21% above the local median of 69.6% at 84.0%. That is the better end of the local range on this measure.
Median home price tells the same story from another angle: $252,872 against a local median of $212,097, 19% above it. The counties themselves spread 14.6% on homeownership, so Georgetown County, SC sits at one end of an already wide local range rather than apart from it. Georgetown County, SC has the highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Georgetown County, SC | 64,818 | $252,872 #3/5 | $1,203 #3/5 | 84.0% #1/5 |
| Horry County, SC | 382,931 | $259,566 | $1,255 | 77.3% |
| Marion County, SC | 28,664 | $132,812 | $668 | 62.6% |
| Berkeley County, SC | 246,888 | $293,174 | $1,651 | 74.6% |
| Florence County, SC | 137,115 | $164,627 | $953 | 64.5% |
Frequently Asked Questions
Common questions about the housing market in Georgetown County, South Carolina.
What is the median home price in Georgetown County, South Carolina?
The median home price in Georgetown County, South Carolina is $252,872, higher than the South Carolina average of $239,609.
What is the average home price in Georgetown County, South Carolina?
The typical home price in Georgetown County, South Carolina, reported as the median sale price, is $252,872. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Georgetown County, South Carolina?
The median gross rent in Georgetown County, South Carolina is $1,203 per month, higher than the South Carolina average of $1,179.
What was the median gross rent in Georgetown County in 2020?
In 2020, the median gross rent in Georgetown County, South Carolina was $957 per month.
What is the price-to-rent ratio in Georgetown County, South Carolina?
The price-to-rent ratio in Georgetown County, South Carolina is about 17.5, meaning it would take roughly 17.5 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Georgetown County.
Are home prices or rent rising faster in Georgetown County, South Carolina?
Home prices and rent are moving in opposite directions in Georgetown County: home prices fell about 1.3% a year while rent rose about 4.9% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Georgetown County, South Carolina?
61.3% of households in Georgetown County, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in Georgetown County, South Carolina?
The housing vacancy rate in Georgetown County, South Carolina is 27.0%, higher than the South Carolina average of 13.3%.
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