Here are the 5 most expensive south carolina cities to buy a home in 2020.
More people are moving to South Carolina seeking warmer weather and steady employment, with recent data showing the state is the sixth fastest growing in the nation.
South Carolina has four distinct regions, each with its own local flavor. There’s the Upstate near the foothills of the Blue Ridge Mountains, the Midlands where the state’s bustling capital city is, the Lowcountry that’s home to much of the state’s oldest historical landmarks, and the Pee Dee in the northeast that’s popular with beach-loving families.
While much of the state remains rural, its cities continue expanding as the state’s economy thrives thanks to its steady industrial job opportunities. Plus, residents have a little bit of everything in the state to enjoy on their off time – from inland mountain hiking trails to white sand beaches along the Atlantic coast.
Wealthier areas of the state are mostly near the coast, with home prices also on the rise in the Upstate region – the state’s fastest growing area thanks in large part to German auto maker BMW’s manufacturing headquarters and heavy investment in the region.
Here are the five most expensive areas to buy a home in South Carolina.
Coastal Carolinas
Median price YTD 2020: $219,015
The Coastal Carolinas area along the Atlantic coast includes popular family friendly vacation destinations Myrtle Beach, Surfside Beach and Pawleys Island. Year-to-date prices in the area were up 10% compared to last year’s data, and the median home price was $235,000 in November, according to South Carolina Realtors.
Beaufort
Median price YTD 2020: $262,000
The Beaufort area is booming with valuable homes on a smattering of islands along the southern South Carolina coast. Film buffs may recognize some parts of the area from movies Forrest Gump, The Great Santini, GI Jane and Platoon, which all were partially filmed in Beaufort. Like most of the state, home prices there are on the rise. The median home price for November was $270,168.
Piedmont
Median price YTD 2020: $294,900
Further inland, the Piedmont area just south of the large city of Charlotte, North Carolina is full of quiet, suburban communities. Its charming small towns are home to local artists, unique shops and public parks. The median home price for November was $305,000.
Charleston
Median price YTD 2020: $295,000
Charleston, the oldest city in South Carolina, is home to more than 2,800 historic buildings and original cobblestone streets where horse-drawn carriages still wind their way through the city. It’s also become a hub for fine dining and art lovers to explore. Home prices are rising in the area, with the median home price for November at $314,900.
Hilton Head
Median price YTD 2020: $365,000
The coastal community of Hilton Head in the Low country is one of the wealthiest areas of the state most known for its beaches and golf courses. The area is full of natural beauty and opportunities to explore its culture and roots in the Gullah culture. Year-to-date home prices were up nearly 14% compared to last year and the median cost of a home was about $392,000.