Top South Carolina Counties with the Highest Foreclosures
Based on the latest October 2024 data from ATTOM, here are the top South Carolina counties leading in foreclosure activity.
We have ranked the top South Carolina counties with the most filings or highest rates per housing unit.
These aren’t just raw numbers; they reflect per-unit rates to show the real impact relative to population size.
Horry County:
Tops the list with some of the highest activity. This coastal gem, home to Myrtle Beach, has seen a surge possibly due to overbuying of vacation homes. In October, it was among the leaders with elevated filings—think one in every few thousand units. The area’s tourism-dependent economy might be playing a role, as job fluctuations hit homeowners hard source.
Berkeley County:
Right up there, with strong foreclosure numbers. Near Charleston, this county’s growth has brought affordability issues. This has lead to more defaults. October data shows it as a hotspot. Thus, contributing significantly to the state’s total of 722 filings.
York County:
Another standout, especially in the Charlotte metro spillover area. High rates here tie into broader economic pressures like rising costs and job market shifts. Experts have flagged York County in recent reports for above-average activity.
Dorchester County:
Part of the Charleston metro, this one’s seeing rates climb due to similar coastal market dynamics. Filings here are notable, with data indicating it’s among the top for per-unit foreclosures.
Richland County:
Home to Columbia, this county had a staggering rate back in July—one in every 1,498 housing units source. By October, it remains a leader, with urban economic factors like unemployment contributing. Columbia itself has one of the highest city-level foreclosure rates nationally.
Charleston County:
The heart of the Lowcountry. This is where luxury real estate booms have led to some busts. October stats also put it high on the list. Charleston County is seeing an increase of second-home owners walking away from their homes. Why? They can’t sustain payments. Thus, this also is causing Charleston county foreclosures to remain high.
Learn More About How South Carolina Foreclosures Work By Reading The Foreclosure Defense Network Below:
South Carolina Foreclosure Defense Strategies
