Total monthly cost of ownership
Cost to Own a Home in Shell Point, South Carolina
A $234,000 home here costs
$1,910per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $82,000 a year.
A standard mortgage calculator would have told you $1,276. The real number is $634 higher every month, 50% more than the payment most buyers budget for.
Compare Beaufort County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Shell Point from a five-year rolling sample, and with about 2,005 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Beaufort County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Shell Point against Beaufort County and South Carolina
| Measure | Shell Point | Beaufort County |
|---|---|---|
| Median home value | $233,600 | $407,600 |
| Median property tax | $1,109 | $2,022 |
| Effective tax rate | 0.475% | 0.496% |
| Median gross rent | $1,185 | $1,484 |
| Population | 2,005 | 192,123 |
The weather behind that power bill
Shell Point sits in Beaufort County, which averages a high of 91.8°F in its hottest month and a low of 40.1°F in its coldest, with 45.02" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,570 cooling and 1,732 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Beaufort County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Beaufort County
Full Beaufort County cost breakdown · Every county in South Carolina
Talk to someone who works this market
These are Shell Point averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Shell Point every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Shell Point I already own here and may sell
Common questions
How much does it cost to own a home in Shell Point?
A $234,000 home in Shell Point, South Carolina costs approximately $1,910 per month with 20% down at 7.24%. That is $1,276 principal and interest, $93 property tax, $113 homeowners insurance, $233 utilities and $195 set aside for maintenance.
What is the property tax rate in Shell Point?
Shell Point has an effective property tax rate of 0.475%, based on a median home value of $233,600 and median real estate taxes of $1,109. That is lower than the Beaufort County average of 0.496%.
What is the average home price in Shell Point?
The median owner-occupied home value in Shell Point, South Carolina is $233,600, against $407,600 across Beaufort County.
Is it cheaper to rent or buy in Shell Point?
Median gross rent in Shell Point is $1,185 a month, against $1,910 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Shell Point?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Shell Point, South Carolina at today's rate takes a household income of roughly $82,000 a year. That covers the full $1,910 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Shell Point, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for South Carolina.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.