Folly Beach, SC Real Estate

According to census data in the year 2000 there were 1,788 housing units in Folly Beach. This represents a 28.5% growth from 1,391 in 1990.

Of those housing units, 1,570 were located in either urbanized areas or urban clusters, and 218 were located in what is classified as a rural area.

Homeownership rate in Folly Beach is about 58.4%. Folly Beach's vacancy rate, including seasonal lodging, is about 42.1%. Average household size is 1.97 people.

The majority of houses, apartments or condos in Folly Beach were built after 1972.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom9.70%
Two Bedrooms32.80%
Three Bedrooms37%
Four Bedrooms15.80%
Five Bedrooms or more3.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1980
Median Value of occupied units$283,100
Median Price asked for vacant units$613,600

Rented Homes, Apartments and Condos

Average Household Size1.72
Median year structure was built1964
Median Monthly Rent asked for vacant units$662

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan7.20%
Simple Mortgage51.70%
Debt Free33.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%