"South Carolina's housing market has become one of the South's standout performers, fueled by steady population growth and a robust pace of construction. The Realtor.com® State-by-State Housing Report Card gave the Palmetto State a solid B, reflecting strong new homebuilding and a balanced level of affordability. The report-part of the Let America Build campaign-measures how states manage both home prices and housing supply."
"With that in mind, President Donald Trump recently put pressure on homebuilders to increase construction nationwide, given the issues with construction in the country. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote."
South Carolina earned a B from Realtor.com with a total score of 64.8, reflecting strong new homebuilding and relatively balanced affordability. The state's 2024 median listing price was $369,772 with a median household income of $67,432, producing a Realtors Affordability Score of 0.68. South Carolina accounted for 2.4% of national housing permits in 2024 while holding 1.6% of the U.S. population, yielding a permit-to-population ratio of 1.5 and indicating above-average construction activity. Continued market strength depends on sustained investment in infrastructure and workforce to support ongoing growth.
Read at SFGATE
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