Socastee Real Estate

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Socastee Real Estate & Homes for Sale in South Carolina

Socastee is a charming community located in Horry County, South Carolina. Home to roughly 15,000 residents, Socastee is located near many beautiful beaches including Myrtle Beach, Surfside Beach, Conway and Atlantic Beach. Residents enjoy sailing, fishing and camping at the many different beaches. Socastee residents are also fortunate enough to enjoy year round warm weather.

In addition to the many beaches, Socastee residents enjoy golfing at the many golf courses in the area as well as spending time at the local water/amusement parks. Cultural opportunities are also abundant in Socastee and in the neighboring communities as there are many museums, zoos, aquariums and theaters, as well as a local farmer’s market.
Socastee is considered a bedroom community to the more dense populations in Myrtle Beach and Surfside Beach. It is just minutes away from the beaches and all local attractions and amenities via Hwys 707, 544, and the 17 Bypass.

Socastee is home to some great real estate that presents themselves in many affordable opportunities. Educational opportunities abound in Socastee with two great universities in the area and a thriving school district. Since the community is part of the Myrtle Beach metropolitan area, residents have access to a number of economic opportunities. The area is mainly fueled by tourism and as Myrtle Beach is the thirteenth largest growing area in the country, Socastee only continues to grow as well.

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Real Estate Market Summary - Prices of Socastee Homes for Sale

There is a wide abundance of real estate in Socastee. The average price for a Socastee home currently hovers in the $170,000 range while many 3-bedroom homes can be found starting in the $110,000s. For buyers looking to purchase a more spacious Socastee luxury home, you can buy a 5 bedroom/4 bathroom property from $350,000 to $500,000. Potential homeowners looking to purchase a home in Socastee on a smaller scale may want to take a look at Socastee’s condominium and townhouse listings; prices start from the low $100,000s - $330,000.

Socastee Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $236,019 compared to $235,210 the previous week, for a slight increase of less than +1%.  For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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