When it comes to relocation, South Carolina keeps reeling ’em in.
United Van Lines released its annual survey of the most popular relocation destinations, and South Carolina was No. 3 based on percentage of inbound residents, behind only Vermont and South Dakota. The Greenville-Spartanburg area was the 24th most popular destination in the country, with 64% inbound and 852 total shipments.
A sizable number of the new S.C. residents are retirees, with 36.6% saying they were headed to the Palmetto State to live out their golden years, according to the survey. People also chose S.C. for a lifestyle change, with 23.7% noting that as the primary reason for their relocation.
South Carolina was the most popular destination for those seeking a lower cost of living, with 13.3% listing that as their primary reason for moving.
Alex Clark, director of marketing and communications with the South Carolina Department of Commerce, said the state’s cost of living is 2.9% below the national average while noting the state’s hospitable business climate in attracting new companies to the area, further boosting the state’s inbound population.
“South Carolina’s high quality of life underscores the state’s popularity for both residents and businesses,” Clark said.
Home sales have mirrored the state’s population climb, as Joe Pitts, vice president of MLS and information systems with the Greater Greenville Association of Realtors, said. Mome prices have been strong the past couple of years.
“Sales have increased each year even though inventory has been at an all-time low,” he said.
According to statistics from GGAR, sales of homes in the Greenville market have been steady, with 15,623 homes sold from Jan. 1 to Nov. 30. The average home was on the market was only 30 days. Compared with 2020, 15,648 homes sold with an average of 54 days on the market.
Reasons for moving to South Carolina
|Inbound %||Outbound %|
|Source: United Van Lines|