If you’re a person who prefers to settle down in a calm environment, beautiful landscape, and affordable housing, South Carolina should be on your bucket list. Situated on the southeastern side of the US, this state is well known for its slow pace of living.
In this article, we will explore the ins and outs of the real estate market in South Carolina. We will also find out the top places to live in SC. So, before you fiddle around, let’s begin!
Exploring South Carolina
South Carolina, the 40th largest state of the US, is a beautiful state with a rich history and diverse landscapes. This state is well known for its sea islands, colored houses, coastline areas, and mountains, etc. The population of South Carolina is around 5 million.
There are 20 major cities in South Carolina. Each city with its unique demographics, culture, and community. This state has 32,000 Square Miles of land area. In the case of climate, the weather of South Carolina is mostly hot and humid.
Key Considerations for Living in South Carolina
To enjoy your living in South Carolina to the fullest, some key things to consider:
- Understand your need
Choose the towns and the type of housing that fulfills your needs, and budget. If you prefer a calm, slow environment, you can choose towns like Myrtle Beach, Hilton Head Island, etc. If you prefer affordable housing options with great accessibility, Greenville can be your go-to option.
- Research Well
If you want to buy a new home, or property, or invest in any property, make sure to research well. Know the property’s market value. Research well about the pros and cons of the area. Talk with the neighbors and senior citizens of the community. Always double-check you are buying from an authorized agent or organization.
- Explore Outdoor Activities
South Carolina is famous to tourists for its diverse outdoor recreational activities. Take advantage of this state’s natural beauty by visiting its beaches, parks, museums, and hiking trails. Enjoy activities like fishing, boating, and camping. When you participate in these events, you can also ensure an active and healthy lifestyle.
- Embrace the Culture
Explore the state’s rich history by visiting museums, historic sites, monuments, museums, and plantations. Attend festivals, social, and cultural events to experience the vibrant cultural scene.
- Be a part of the Community
Be a part of the community by actively participating in local clubs and organizations. Participate in community gatherings to connect with others, express your views, and actively contribute to the positive outcome of the state.
Top Places to Live in South Carolina
South Carolina has several places perfect for people’s living. Let’s explore the top 4 places to live in South Carolina:
Charleston
Founded in 1670, South Carolina is a thriving city due to its historic appeal, cobblestone streets, and monuments. This city has several historic homes, curated homes, playfields, and museums in the U.S.
According to the United States Census Bureau, almost 151,612 people live in Charleston. In the case of housing, there are almost 44,500 housing units. Charleston’s majority of the housing units are used by renters (41%). This place has a growing job market which makes this place appealing for living.
Due to its rapid economic growth, nowadays many people prefer Charleston for buying homes and living. Though the average cost of living in Charleston is higher than in other states in the US, this is a great place for premium property investments.
Greenville
Greenville is one of the most populous cities in the US with waterfalls, mountain views, and natural scenarios. With one of the largest urban centers, the economy of South Carolina is constantly thriving.
According to the United States Census Bureau, the population of Greenville is around 72,095. It is the 23rd fastest-growing city in the US.
Due to its numerous urban facilities, this area is constantly attracting new business, employment opportunities, and real estate investments. From coastal luxury homes, and single-family homes, to private villas, investors can invest in numerous categories of homes.
A lot of people are choosing to build new homes in Greenville as it has a good transportation system as well as its proximity to several schools, colleges, and public universities.
Myrtle Beach
Myrtle Beach is a popular tourist destination for its sandy beaches, golf courses, and vibrant entertainment options. It’s also a sought-after location for vacation homes and investment properties.
Almost 37,100 people live in Myrtle Beach and it is the 13th most populous city in South Carolina. Again, this place is a dominant tourist place which is visited by 20 million visitors annually.
The real estate market of Myrtle Beach is thriving due to its growing popularity as a vacation destination. This area is rated as the best city for new home building in 2023. Many people look for beach homes, condos, and single-family homes in Myrtle Beach.
For investors, this is a profitable opportunity to invest in real estate in Myrtle Beach as new homes are rapidly being built. However, one of the biggest challenges in the real estate market of Myrtle Beach is the threat of natural disasters.
Hilton Head Island
Hilton Head Island is a shoe-shaped Lowcountry resort destination in South Carolina. This town is famous for its sandy beaches, tidal creeks, and other breathtaking scenery. This town is also the USA’s first eco-planned community.
Almost 42,852 people live in Hilton Head Island, South Carolina. The population density on this island is around 940.30 per square mile. Hilton Head Island has around 55 communities.
Whether you want to live in an urban suburban mixed community or a beautiful coastal home, there are numerous home options for you. If you are a golf lover, this place will be a great choice for you. Many communities in Hilton Head Island provide golf carts with beach access. Leamington in Hilton Head Island, a private residential community provides this opportunity with beautiful waterfront homes. Again, Indigo Run is another private community that has 2 Jack Nicklaus-designed golf courses with several resort-style homes.
Hilton Head Island also has some commercial and entertainment opportunities. All these facilities have a positive impact on the real estate investors in Hilton Head Island and its real estate market is growing fast.
South Carolina offers a wide range of opportunities for real estate investors or homebuyers. The major cities of SC, discussed in this article, have numerous employment, housing, and recreation opportunities. With our comprehensive guide, you will be able to navigate the real estate landscape with confidence.
So, understand your demand, and choose your living place accordingly. When you invest in a property in SC, for living or buying, embrace its natural beauty and become a part of its welcoming community. Happy living in South Carolina!