Carolina Forest, SC housing market
Homes typically sell in 84 days, below asking.
Home values, sales, trends and how Carolina Forest compares with the towns next door — updated as new data is published.
Carolina Forest at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Home prices up 51% in 5 years
The federal house price index for the ZIP code around Carolina Forest rose 51% over the past 5 years, slower than across South Carolina (60%). Last year prices fell 11%. Carrying the Census median home value forward with that index puts the typical Carolina Forest home at roughly $562,000 today.
Show as a table
| Year | Change that year | Since 2000 | South Carolina since 2000 |
|---|---|---|---|
| 2025 | −11% | +132% | +164% |
| 2024 | +14% | +160% | +155% |
| 2023 | +0.8% | +129% | +142% |
| 2022 | +28% | +127% | +120% |
| 2021 | +15% | +77% | +84% |
| 2020 | +5.3% | +54% | +65% |
| 2019 | +5.3% | +46% | +59% |
| 2018 | +3.4% | +39% | +51% |
| 2017 | +7.3% | +34% | +43% |
| 2016 | +9.5% | +25% | +35% |
| 2015 | −1.9% | +14% | +29% |
| 2014 | +10% | +17% | +24% |
| 2013 | +2.4% | +5.6% | +20% |
| 2012 | −6.6% | +3.1% | +20% |
| 2011 | −5.5% | +10% | +22% |
| 2010 | −9.4% | +17% | +27% |
| 2009 | −15% | +29% | +35% |
| 2008 | −6.1% | +51% | +39% |
| 2007 | +5.4% | +61% | +38% |
| 2006 | +19% | +53% | +33% |
| 2005 | +13% | +29% | +23% |
| 2004 | +7.3% | +14% | +15% |
| 2003 | +1.2% | +6.1% | +10% |
| 2002 | +0.7% | +4.8% | +7.9% |
| 2001 | +4.1% | +4.1% | +5.1% |
| 2000 | — | — | — |
How Carolina Forest ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 29579, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Carolina Forest and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Carolina Forest | — | −10.8%† | $1,730 | — | $74,436 |
| Conway | $288K | +0.1% | $1,270 | 560 | $56,650 |
† FHFA price index change, where Zillow has no home value for the town.
4.5 years of income
The typical Carolina Forest home costs about 4.5 years of the town's median household income, about the same as across South Carolina (4.4).
How Carolina Forest ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,730
HUD's Fair Market Rent for a two-bedroom in Carolina Forest is $1,730 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Carolina Forest pay a median of $1,668. A two-bedroom takes about 28% of the town's median household income.
Studio $1,350 · 4 bedrooms $2,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29579; Myrtle Beach-North Myrtle Beach-Conway, SC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.