Horry County, South Carolina Housing Market

In Horry County, South Carolina, the median home value is $287,700, with a median monthly rent of $1,255. This places Horry County at #689 nationally out of 3134 counties by median home value, and #10 within South Carolina.

Median Home Value $287,700
Median Rent $1,255/mo
Owner Occupancy 77.3%
Price/Rent Ratio 19.1

📈 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 Horry County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

125,415
jobs (private sector)
  • Avg weekly wage: $920
  • Establishments: 12,652
  • BLS QCEW, 2025
🏗️

Housing Supply

6,511
new units authorized (2025)
  • Single-family: 6,418
  • Multi-family: 93
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+15979
net migration (filers, 2021-2022)
  • Inflow: 165,830 (avg $72,299)
  • Outflow: 149,851 (avg $70,122)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Horry County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 29572 269.9 -3.13% 2025
2 29582 371.7 +12.24% 2025
3 29568 238.0 +10.16% 2025
4 29579 231.9 -10.78% 2025
5 29575 308.0 +8.05% 2025
6 29577 272.7 +6.07% 2025
7 29511 265.9 +5.28% 2025
8 29566 257.1 +5.86% 2025
9 29569 251.5 +1.97% 2025
10 29588 240.6 +4.26% 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 Horry County Compares

MetricHorry CountySouth Carolina AverageU.S. Average
Median Home Value $287,700 $199,732 $227,706
Median Gross Rent $1,255 $984 $968
Owner Occupancy Rate 77.3% 73.2% 73.3%
Price/Rent Ratio 19.1 16.3 18.7

Market Analysis

The median home value in Horry County is 44.0% above the South Carolina state average and 26.3% above the U.S. national average. The median rent of $1,255/month is 27.5% above the state average.

With a price-to-rent ratio of 19.1, the buy-vs-rent decision in Horry County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Horry County has an owner-occupancy rate of 77.3%, 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
Miami County Kansas $287,700 $1,107
Dodge County Minnesota $287,700 $1,020
Minnehaha County South Dakota $287,600 $978
Washington County Texas $288,100 $1,165
Cass County Minnesota $288,300 $863

Other Counties in South Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Georgetown County $289,500 $1,204 84.0%
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).