Assumable Mortgages in South Carolina

Assumable Homes in South Carolina

South Carolina's assumable property market is anchored by a strong military presence and a rapidly growing civilian housing market. Our South Carolina dataset covers approximately 54,000 FHA and VA assumable homes across 1,103 census tracts, with a median note rate of 3.6%.

Fort Jackson in Columbia is the Army's primary basic training installation and generates a significant VA assumable property inventory in the Columbia metro. Shaw Air Force Base near Sumter and Marine Corps Air Station Beaufort also contribute VA assumable homes to their surrounding communities. Joint Base Charleston — combining the former Charleston Air Force Base and Naval Weapons Station Charleston — is a major driver of VA assumable property in the Charleston metro.

Charleston has become one of the Southeast's most desirable and expensive housing markets, making assumable homes at 3.6% especially valuable for buyers in that market. Columbia, Greenville, Spartanburg, and Myrtle Beach also carry meaningful FHA assumable property inventory.

At 6.4 years median age, South Carolina's assumable obligations skew toward the 2019–2022 origination window. The state has seen significant in-migration from higher-cost states, and many of those new residents are discovering that assumable property offers a path to homeownership that new originations at current rates do not. Our South Carolina data list covers all 46 counties at the census-tract level.