Foreclosures in Pawleys Island, SC

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View this home at Old Serenity Dr Pawleys Island SC 29585
$431,903 EMV
Old Serenity Dr
Pawleys Island, SC 29585
5 |
EST. RENT: $1,900
AUCTION: 06-03-2024
5 |
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Home Value Estimator For Pawleys Island, SC

There are currently 10,794 real estate properties in Pawleys Island, SC, with a median automated valuation model (AVM) price of $535,335.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pawleys Island, SC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pawleys Island, SC, is $652,016.00, with the most expensive house in Pawleys Island, SC, topping out at $9,406,118.00 and the cheapest home in Pawleys Island, SC, clocking in at $19,745.00. In other words, there’s something for every potential homebuyer or savvy investor in Pawleys Island, SC!

Rent Prices In Pawleys Island, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pawleys Island, SC, is on a rollercoaster ride. The average rent price in Pawleys Island, SC, is $1,609.00. Indeed, when looking to rent in Pawleys Island, SC, you can expect to pay as little as $590.00 or as much as $3,240.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Pawleys Island, SC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Pawleys Island, SC In 2024

Pawleys Island is located in Georgetown, South Carolina, with an estimated municipal population of 108 residents. All of the best foreclosed homes for sale in Pawleys Island are located in the following zip code areas on 29585. The estimated population per square kilometer (.62 miles) in Pawleys Island is 59.

Cost Of Living In Pawleys Island, SC

So, about how much do homes cost in Pawleys Island? The most recent median value of resident-owned homes in Pawleys Island is 903,550. An estimated 88.5 percent of households in Pawleys Island own their homes, with an average family size of 2.14. For working parents and professionals who are searching for cheap homes in Pawleys Island, the median commute time of resident workers (in minutes) is 18.7. And last, but certainly not least, are you looking for homes to rent in Pawleys Island? If so, the average rent price paid by renters in Pawleys Island is 1,150, according to recent statistics.

Diversity And Demographics In Pawleys Island, South Carolina

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pawleys Island, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Pawleys Island is 67.1, split between 43.8 percent male versus 56.2 female. The percentage of residents who report being married in Pawleys Island is 70.8, with an average family size of 2.14.

The percentage of residents who report their race in Pawleys Island is as follows:

White 98.9%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 1.1%

Looking for family-friendly neighborhoods in and/or near Pawleys Island? Or maybe you are searching for 55+ active adult communities in and/or near Pawleys Island?

The percentage of residents who report their age in Pawleys Island is as follows:

Under 10 0%
Aged 10-19 0%
20s 3.4%
30s 0%
40s 3.3%
50s 7.9%
60s 49.4%
70s 32.6%
80+ 3.3%

Best Schools In Pawleys Island, South Carolina

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pawleys Island with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pawleys Island.

Pros And Cons Of Living In Pawleys Island, South Carolina

How do you know that living in -- or moving to -- Pawleys Island is right where you need to be? Perhaps you grew up in Pawleys Island or already live nearby; therefore, the decision to buy a home in Pawleys Island is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pawleys Island for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pawleys Island:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pawleys Island.

Reasons To Move To Pawleys Island, South Carolina, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pawleys Island can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pawleys Island, meanwhile, can field multiple offers from more qualified buyers.

Pawleys Island, SC Foreclosures


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