Did You Know:
First-time home buyers are 49 percent of all home buyers in South Carolina? Our state’s percentage peaked in 2009 at 56 percent (First-Time Home Buyer Tax Credit). The lowest years were 2001-2003, at 30 percent.
In comparison to other states, South Carolina has one of the lowest shares of first-time home buyers to all buyers. The states with the lowest share have more non-urban areas while the states with the highest share are more urbanized. Washington DC has the highest share of first-time home buyers at 68 percent. The states with the lowest share of first-time home buyers are Montana and South Dakota at 46 percent.