Horry County

South Carolina ยท Pop. 378,616

Ranked #98 of 200 counties

42Moderate

Median Home Price

๐Ÿ 

$300K

5.5% YoY

Median Rent

๐Ÿ”‘

$1,350

Median Income

๐Ÿ’ฐ

$48K

Rent Burden

๐Ÿ“Š

34.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

10,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

5,800

Price-to-Income Ratio

โš–๏ธ

6.3x

Homeownership Rate

๐Ÿก

70.0%

How Horry County Compares

MetricHorry CountySouth CarolinaNational
Home Price$300K$273K$410K
Rent$1,350$1,170$1,500
Income$48K$68K$75K
Rent Burden34.0%31.0%30.0%
Homeownership70.0%72.0%65.0%

Key Takeaways

  • โ€ข Home prices are 27% below the national average.
  • โ€ข Rent is 10% below the national average.
  • โ€ข The county has an estimated housing shortage of 10,000 units.
  • โ€ข 5,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 5.5%.