South Carolina Real Estate Market Trends 2026
340000
Median Price
Vacancy Rate %
10.6
Population
5373555
Population Growth %
1.7
Home Price YoY % Change
2.5
Average Cap Rate %
6.5
Rent Yoy % Growth
1.5
Median Rent
1200
Market Overview
South Carolina's real estate market in 2026 features a median home price of $340,000, reflecting a +2.5% year-over-year change. The rental market shows stabilizing rents with a median one-bedroom at $1,200/month and two-bedroom at $1,420/month (+1.5% YoY). With a population of 5.4M that is rapidly growing, South Carolina represents a affordable market with strong rental demand. The vacancy rate of 10.6% is above the national average (national: 7.2%). Top investment cities include Charleston, Columbia, Greenville, Myrtle Beach, Mount Pleasant. South Carolina is considered landlord-friendly in terms of rental regulations.
Top Investment Cities
Charleston, Columbia, Greenville, Myrtle Beach, Mount Pleasant
Investment Outlook
South Carolina's market offers an average cap rate of 6.5%, typical of affordable markets. Strong population growth supports long-term appreciation potential, offsetting lower initial yields. The high rental demand in Charleston and Columbia provides the strongest opportunity for consistent occupancy and rent growth.
Key Takeaways for 2026
Median home price: $340,000 (+2.5% YoY)
Average rent: $1200-$1420/mo
Cap rate: 6.5%
Vacancy: 10.6%
Population growth: +1.7%
Demand: High
Regulation: Landlord-Friendly