Nichols, SC housing market
The typical Nichols home is worth about $192,000, up 9.9% in a year, 37% below the South Carolina typical home.
Home values, sales, trends and how Nichols compares with the towns next door — updated as new data is published.
Nichols at a glance
Typical home value, 2016–2026
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| January | Nichols | South Carolina |
|---|---|---|
| 2017 | $100,000 | $171,000 |
| 2018 | $99,000 | $180,000 |
| 2019 | $100,000 | $190,000 |
| 2020 | $105,000 | $201,000 |
| 2021 | $131,000 | $222,000 |
| 2022 | $157,000 | $260,000 |
| 2023 | $167,000 | $291,000 |
| 2024 | $177,000 | $301,000 |
| 2025 | $189,000 | $306,000 |
| 2026 | $183,000 | $305,000 |
| August 2026 | $192,000 | $306,000 |
No new homes permitted in 2009
No permits for new homes were issued in Nichols in 2009. The last year with any was 2008 (1 new home).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $122,000 |
| 2007 | 1 | 1 | 0 | $122,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 2 | 2 | 0 | $244,000 |
| 2004 | 2 | 2 | 0 | $244,000 |
| 2003 | 3 | 3 | 0 | $365,000 |
| 2002 | 2 | 2 | 0 | $244,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Nichols's permit office reported 2 of 12 months in 2009; the Census estimated the rest.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
A two-bedroom rents for about $1,270
HUD's Fair Market Rent for a two-bedroom in Nichols is $1,270 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,020 · 4 bedrooms $1,860
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29581; 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, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.