Horry County
South Carolina ยท Pop. 378,616
Ranked #98 of 200 counties
42Moderate
Median Home Price
๐$300K
5.5% YoY
Median Rent
๐$1,350
Median Income
๐ฐ$48K
Rent Burden
๐34.0%
% of income to rent
Housing Shortage
๐๏ธ10,000
estimated unit deficit
Building Permits (2024)
๐5,800
Price-to-Income Ratio
โ๏ธ6.3x
Homeownership Rate
๐ก70.0%
How Horry County Compares
| Metric | Horry County | South Carolina | National |
|---|---|---|---|
| Home Price | $300K | $273K | $410K |
| Rent | $1,350 | $1,170 | $1,500 |
| Income | $48K | $68K | $75K |
| Rent Burden | 34.0% | 31.0% | 30.0% |
| Homeownership | 70.0% | 72.0% | 65.0% |
Key Takeaways
- โข Home prices are 27% below the national average.
- โข Rent is 10% below the national average.
- โข The county has an estimated housing shortage of 10,000 units.
- โข 5,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 5.5%.