Real Estate Relocation Guide To South Carolina

Relocating from Chicago to South Carolina is a major move. You’re crossing state lines and heading 750 miles to find a new home in a different community. By familiarizing yourself with the local real estate market, whether your destination is Charleston or Columbia you can get a good idea of the South Carolina landscape and locate the best area for you and your family.

We’ll start with the big picture… South Carolina has an estimated population of 4.3 million* and around 30,100 square miles of land. The total number of housing units is 1,975,816, of which about 1.1 million are owner-occupied and 491,500 are inhabited by renters. Roughly 318,800, or 16 percent, of the residences in the state are vacant. The median home value in South Carolina is $122,400 and the median household income is $41,100. For an idea of how this sizes up with national averages – the median home value in the U.S. is $185,200 and the median household income is $48,451.

Statewide figures provide a good overview of South Carolina, but when you’re planning to relocate to the region, knowing what types of housing are available is the most important thing. So here’s a breakdown of what South Carolina real estate has to offer…

About 39,600 homes in South Carolina are new construction, developed in 2005 or after (another 242,200 were put up between 2000 and 2004). South Carolina has its share of vintage charm as well with 115,400 residences built prior to 1940. The total number of detached, single-family houses across the state is 1.2 million, and there’s also a good selection of multi-unit residences and condos. Most homes have 3 bedrooms, but size varies greatly depending on where you look. And, in case you’re wondering about how your budget will pan out in The Palmetto State, monthly mortgage costs in [Alabama] generally hover between $500 and 1,500.

Relocation Resources

Greenville Real Estate
Real Estate in Greenville, South Carolina

Isle of Palms Real Estate, Mount Pleasant Real Estate, Wild Dunes Real Estate - Bill Smith
Real Estate and Homes for Sale in Isle of Palms, Mount Pleasant, Wild Dunes, Sullivans Island, Charleston, and Charleston County. Find useful tools, community and school info, and more.

Myrtle Beach Condos and Homes
Myrtle Beach Real Estate

Myrtle Beach Condos and Rentals

*All statistics are from the 2006 American Community Survey as shown on the U.S. Census Bureau website.
Sources: factfinder.census.gov and www.city-data.com