Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,049, 562 total housing units (homes and apartments), and a median house value of $443,311, Edisto Beach real estate is some of the most expensive in South Carolina, although Edisto Beach home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Edisto Beach, accounting for 73.23% of the town's housing units. Other types of housing that are prevalent in Edisto Beach include duplexes, homes converted to apartments or other small apartment buildings ( 12.75%), row houses and other attached homes ( 7.08%), and a few large apartment complexes or high rise apartments ( 6.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Edisto Beach. Owner-occupied housing accounts for 88.26% of Edisto Beach's homes, and 68.14% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Edisto Beach built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Edisto Beach built between 2000 and later ( 26.18%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.68%).
A decent proportion of the Edisto Beach housing stock is seasonally occupied. That is, homes and condos in Edisto Beach are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Edisto Beach housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in Edisto Beach have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 118.54%, which ranks in the top 30% nationwide. This equates to an annual average Edisto Beach house appreciation rate of 8.13%.
NeighborhoodScout's data show that during the latest twelve months, Edisto Beach's appreciation rate, at 8.43%, has been at or slightly above the national average. In the latest quarter, Edisto Beach's appreciation rate has been -0.69%, which annualizes to a rate of -2.71%.
Notably, Edisto Beach's appreciation rate in the latest quarter is one of the lowest in America.
Relative to South Carolina, our data show that Edisto Beach's latest annual appreciation rate is higher than 80% of the other cities and towns in South Carolina.
$443,311
for South carolina
for nation
562
$1,684 / per month