Georgetown County, South Carolina Housing Market

In Georgetown County, South Carolina, the median home value is $289,500, with a median monthly rent of $1,204. This places Georgetown County at #678 nationally out of 3134 counties by median home value, and #9 within South Carolina.

Median Home Value $289,500
Median Rent $1,204/mo
Owner Occupancy 84.0%
Price/Rent Ratio 20.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Georgetown County rose +3.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

20,746
jobs (private sector)
  • Avg weekly wage: $999
  • Establishments: 2,363
  • BLS QCEW, 2025
🏗️

Housing Supply

377
new units authorized (2025)
  • Single-family: 377
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+2797
net migration (filers, 2021-2022)
  • Inflow: 28,710 (avg $96,809)
  • Outflow: 25,913 (avg $92,992)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Georgetown County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 29585 255.3 -2.72% 2025
2 29440 291.2 +9.95% 2025
3 29576 262.4 -4.49% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Georgetown County Compares

MetricGeorgetown CountySouth Carolina AverageU.S. Average
Median Home Value $289,500 $199,732 $227,706
Median Gross Rent $1,204 $984 $968
Owner Occupancy Rate 84.0% 73.2% 73.3%
Price/Rent Ratio 20.0 16.3 18.7

Market Analysis

The median home value in Georgetown County is 44.9% above the South Carolina state average and 27.1% above the U.S. national average. The median rent of $1,204/month is 22.4% above the state average.

With a price-to-rent ratio of 20.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Georgetown County has an owner-occupancy rate of 84.0%, compared to 73.2% in South Carolina and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Moffat County Colorado $289,500 $1,039
Somervell County Texas $289,500 $773
Botetourt County Virginia $289,200 $1,035
Kent County Michigan $289,900 $1,243
Norfolk city Virginia $289,900 $1,321

Other Counties in South Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Horry County $287,700 $1,255 77.3%
Greenville County $299,000 $1,262 68.9%
Berkeley County $310,300 $1,654 74.5%
Jasper County $325,500 $1,328 77.2%
Dorchester County $329,300 $1,463 75.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).