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Myrtle Beach

Why you'd want to live in Myrtle Beach

Myrtle Beach, a city and vacation resort on South Carolina’s Atlantic coast, is the hub of the Grand Strand, a 60-mile string of beaches. It’s also known for its celebrity-designed golf courses. Along its beachfront boardwalk are arcades, souvenir stands and restaurants, as well as the old-fashioned Family Kingdom amusement park and the SkyWheel, one of the country’s tallest Ferris wheels. via visitmyrtlebeach.com

Myrtle Beach Market Report

$419,261

AVERAGE PRICE OF 3,905 HOMES

$146,300

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,158,543

AVERAGE PRICE OF 160 MULTI-MILLION DOLLAR HOMES

$503,917

AVERAGE PRICE OF 921 NEWLY BUILT HOMES

$380,182

AVERAGE PRICE OF 2,847 HOMES WITH A POOL

$405,329

AVERAGE PRICE OF 202 REDUCED PRICE HOMES

Average Home

Average Price $419,261
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.74 baths

Average Price by Bedrooms

1 bedroom $192,184
2 bedrooms $246,528
3 bedrooms $398,611
4 bedrooms $574,716
5 bedrooms $781,421
Myrtle Beach Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 3,796 3,716 3,609 3,453 3,313
Average Price $416,821 $418,062 $408,148 $410,999 $406,106
Avg Price Change -0.30% +2.43% -0.70% +1.20% -1.52%
Median Price $320,214 $323,538 $319,359 $318,585 $323,541
Med Price Change -1.04% +1.31% +0.24% -1.56% -0.40%
Avg Bedrooms 2.62 beds 2.59 beds 2.47 beds 2.2 beds 2.03 beds
Avg Bathrooms 2.8 baths 2.73 baths 2.69 baths 2.15 baths 1.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Myrtle Beach High School 1,742 $390,339 109 days
Out Of Area 3 $329,133 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,905 $419,261 88 days
Distressed Homes 3 $146,300 55 days
Multi-Million Dollar Homes 160 $2,158,543 207 days
Newly Built Homes 921 $503,917 101 days
Homes with a Pool 2,847 $380,182 93 days
Reduced Price Homes 202 $405,329 78 days

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BG Coastal Real Estate Company
Brian Geesaman
4016 River Oaks Dr., Ste. 6., #151
Myrtle Beach, SC 29579
843-503-4770

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Copyright 2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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