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Litchfield, SC
Local Guidance
Litchfield is an upscale coastal community in Georgetown County, just north of Pawleys Island, known for its quiet beaches, creekside access, and resort-style neighborhoods like Litchfield by the Sea. Blending Lowcountry charm with second-home and resort living, it attracts year-round residents, retirees, and vacation-home buyers looking for a calmer alternative to the busier northern Grand Strand. Recent market data shows a higher-priced but slower-paced market: median listing prices in Litchfield are solidly in the upper-$500s and above, with longer days on market as buyers take more time to compare options.
This report provides a clear, data-driven snapshot of current conditions within the Litchfield / Litchfield Beach MLS area.
- Expect strong interest in oceanfront, creekfront, and resort communities (including Litchfield by the Sea), particularly from lifestyle, retirement, and second-home buyers
- Listing inventory skews toward higher-end homes, villas, and condos; prices have trended upward year-over-year, while average days on market remain in the triple digits in many resort sections, giving buyers time but rewarding well-prepped listings
- HOA/POA rules, club memberships, and rental policies vary significantly between gated, golf, and off-resort communities — review fees, covenants, and short-term-rental rules early in the process
- Well-priced, move-in-ready properties in desirable resort or near-beach locations — especially those with strong rental potential or turnkey finishes — continue to sell, while dated, over-priced, or less ideally located homes face a more selective, value-conscious buyer pool
Tap/Click the image to see the most recently listed homes in Litchfield.
Deeper Dive
Click Below for Full Report
🏡 Litchfield Real Estate Market Summary
Brought to you by Joe Foster – Your Local Real Estate Professional
Whether you're thinking of buying, selling, or just staying informed, here's a clear picture of what’s happening in the Litchfield/Pawleys Island (29585) real estate market.
📍 What’s Happening in Litchfield
The Litchfield area is a coastal, largely higher-end market with a strong mix of single-family homes and condos/townhomes — including oceanfront, creekside, and golf-course communities.
Current trends show:
- Moderate inventory at just over four and a half months, which leans slightly toward a seller-friendly but more balanced market than during the recent boom.
- Values that have edged up over the past year, with median estimated property values rising roughly 4–5% compared to 12 months ago and significantly higher than three years ago.
- A wide price range, from more approachable townhomes and inland homes to luxury oceanfront and custom properties listed well into the seven-figure range.
Activity is tracked in real time, focusing on new listings, pending sales, closed transactions, and distressed properties (such as foreclosure-related filings).
📊 Market Insights at a Glance
- New Listings
Recent new listings include several luxury single-family homes and high-end condos, many with 3–6 bedrooms and generous square footage in premier communities.
- Pending Sales
Multiple properties — especially well-presented homes in established neighborhoods and resort communities — are under contract, confirming strong demand in the upper-middle and luxury price brackets.
- Closed Sales & Pricing
The latest monthly snapshot shows a median sold price in the upper-$400,000s, with buyers generally paying in the mid-90% range of list price and typical market time around a month. This reflects realistic, but still competitive, selling conditions.
- Distressed Properties
Distressed activity remains limited to a small number of foreclosure notices and one active listing, which may present value opportunities for buyers comfortable with repairs or repositioning a property.
- Rental & Lease Activity
A handful of recent rental listings — mostly condos and smaller single-family homes — are offered roughly in the mid-$1,000s to upper-$2,000s per month, giving investors useful context for potential income.
💡 Why This Matters to You
This report helps you stay ahead of market shifts so you can make confident decisions. Whether you’re:
- Buying a primary home near the coast
- Securing a second home or vacation retreat
- Downsizing to something lower-maintenance
- Investing in a rental or long-term hold
…having clear, data-driven insight into the Litchfield market gives you a real advantage.
🤝 Let’s Talk About Your Next Move
Joe Foster
📞 (843) 874-5389
📧 mail@joefosterjr.com
https://scheduler.zoom.us/joe-foster--myrtle-beach/chat-with-joe