Home Values

Folly Beach Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$552,400

  • 6.7% 1-year change
  • 2.3% 1-year forecast

The median home value in Folly Beach is $552,400. Folly Beach home values have gone up 6.7% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Folly Beach is None. The median rent price in Folly Beach is $1,800, which is higher than the Charleston Metro median of $1,375.

Foreclosures will be a factor impacting home values in the next several years. In Folly Beach 10.0 homes are foreclosed (per 10,000). This is greater than the Charleston Metro value of 3.6 and also greater than the national value of 3.0

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Relative ZHVI
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Folly Beach Market Overview

Data through Mar 31, 2015
  • $552,400 ZHVI
  • 2.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Folly Beach Market Health

Data through Mar 31, 2015
  • 2.9/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

10 homes Folly Beach
3.6 homes Charleston Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Sullivans Island $1,253,400
Kiawah Island $818,300
Isle of Palms $660,900
Name Median ZHVI
Seabrook Island $434,700
Mount Pleasant $332,400
Charleston $216,800
Name Median ZHVI
Hollywood $198,600
Ravenel $156,700
 

Listings & Sales

Data through Jan 31, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
54.5%
Sold below listing
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Folly Beach Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $2,447 Folly Beach
    $1,443 Charleston Metro
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,800 Rent list price (Jan 31, 2015)
  • $1.31 Rent list price / sq ft (Jan 31, 2015)
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