The South Carolina real estate market is experiencing unprecedented growth, with record-breaking prices and high demand for properties across the state. As of February 21, 2026, experts are predicting a continued upward trend in the market, driven by a combination of factors including low interest rates, strong economic growth, and a surge in population.According to the latest data from the South Carolina Association of Realtors, the median home price in the state has reached an all-time high of $350,000, a 15% increase compared to the same time last year. This surge in prices is being fueled by a shortage of inventory, as buyers are vying for a limited number of available homes.In popular areas such as Charleston, Greenville, and Myrtle Beach, bidding wars have become the norm, with properties selling for well above their asking prices. In some cases, homes are being snapped up within days of being listed, leaving many prospective buyers frustrated and struggling to find a suitable property.Real estate agents in the state are reporting a surge in out-of-state buyers, particularly from states like New York, California, and Illinois, who are looking to relocate to South Carolina for its lower cost of living, favorable tax environment, and high quality of life. This influx of new residents is putting further pressure on an already tight housing market, driving up prices even further.Despite the challenges posed by the competitive market, experts are optimistic about the future of the South Carolina real estate market. With interest rates expected to remain low and the economy continuing to grow, the demand for housing is expected to remain strong in the coming months.For homeowners looking to sell, now is an opportune time to capitalize on the market boom and secure top dollar for their properties. For buyers, navigating the competitive market may require patience and the help of a skilled real estate agent to find the perfect home at the right price.Overall, the South Carolina real estate market is witnessing a period of unprecedented growth, with record-breaking prices and high demand driving a competitive market for both buyers and sellers. As the state continues to attract new residents seeking a better quality of life, the future looks bright for the real estate market in South Carolina.