Horry County, South Carolina Housing Market Prices
Horry 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 8% above the South Carolina median More expensive than 71% of counties in South Carolina$259,566
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Median rent 6% above the South Carolina median More expensive than 84% of counties in South Carolina$1,255
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Horry County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $259,566 | $239,609 | $248,835 |
| Price Trend (Annual %) | 7.4% | 8.9% | 7.5% |
| Median Gross Rent | $1,255 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Horry County is about 8% higher than in South Carolina. Rent is about 6% higher than the South Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Horry County, up about 7.4% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Horry County rose about 49.0% between 2015 and 2024, from $843 to $1,255. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in Horry County.
Buying the median-priced home in Horry County costs roughly 17.2 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 Horry County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Horry County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $259,566 | $239,609 | $248,835 |
| Median Household Income | $66,773 | $69,383 | $80,455 |
| Price-to-Income Ratio | 3.9 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Horry County rose about 65.6%, while median household income rose about 41.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Horry County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.4% | 62.3% | 58.5% |
| Rental Rate | 16.6% | 24.4% | 31.2% |
| Vacancy Rate | 27.0% | 13.3% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Horry County has a homeownership rate of 56.4%, 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 | Horry County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.37 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1999 | 1990 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in Horry County was built around 1999. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 13.0 years on average.
Horry County, SC Housing Compared With Nearby Counties
Horry County, SC is the largest of the 6 counties compared here, 382,931 residents against a local median of 50,166. The measure that sets Horry County, SC apart most is median home price: $259,566, 95% above the local median of $132,812.
Median rent tells the same story from another angle: $1,255 against a local median of $824, 52% above it. The one measure here that carries a verdict is homeownership, and at 19% above the local median it puts Horry County, SC at the better end of the local range. The counties themselves spread $195,459 on median home price, so Horry County, SC sits at one end of an already wide local range rather than apart from it. Horry County, SC has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Horry County, SC | 382,931 | $259,566 #1/6 | $1,255 #1/6 | 77.3% #2/6 |
| Marion County, SC | 28,664 | $132,812 | $668 | 62.6% |
| Columbus County, NC | 50,166 | $81,071 | $824 | 71.1% |
| Georgetown County, SC | 64,818 | $252,872 | $1,203 | 84.0% |
| Dillon County, SC | 27,862 | $57,413 | $678 | 64.7% |
| Florence County, SC | 137,115 | $164,627 | $953 | 64.5% |
Frequently Asked Questions
Common questions about the housing market in Horry County, South Carolina.
What is the median home price in Horry County, South Carolina?
The median home price in Horry County, South Carolina is $259,566, higher than the South Carolina average of $239,609.
What is the average home price in Horry County, South Carolina?
The typical home price in Horry County, South Carolina, reported as the median sale price, is $259,566. 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 Horry County, South Carolina?
The median gross rent in Horry County, South Carolina is $1,255 per month, higher than the South Carolina average of $1,179.
What was the median gross rent in Horry County in 2020?
In 2020, the median gross rent in Horry County, South Carolina was $974 per month.
What is the price-to-rent ratio in Horry County, South Carolina?
The price-to-rent ratio in Horry County, South Carolina is about 17.2, meaning it would take roughly 17.2 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 Horry County.
Are home prices or rent rising faster in Horry County, South Carolina?
Both home prices and rent are rising in Horry County, up about 7.4% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Horry County, South Carolina?
56.4% of households in Horry County, South Carolina own their home, lower than the South Carolina average of 62.3%.
What is the vacancy rate in Horry County, South Carolina?
The housing vacancy rate in Horry County, South Carolina is 27.0%, higher than the South Carolina average of 13.3%.
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