Myrtle Beach Market Report
$306,765
AVERAGE PRICE OF 4,327 HOMES$315,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,195,019
AVERAGE PRICE OF 130 MULTI-MILLION DOLLAR HOMES$351,396
AVERAGE PRICE OF 942 NEWLY BUILT HOMES$251,203
AVERAGE PRICE OF 1,530 HOMES WITH A POOL$289,895
AVERAGE PRICE OF 88 REDUCED PRICE HOMESAverage Home
| Average Price | $306,765 |
| Avg Bedrooms | 2.28 beds |
| Avg Bathrooms | 1.99 baths |
Average Price by Bedrooms
| 1 bedroom | $114,160 |
| 2 bedrooms | $177,014 |
| 3 bedrooms | $292,089 |
| 4 bedrooms | $428,903 |
| 5 bedrooms | $581,107 |
Myrtle Beach Home Price Trends
| 9/2019 | 8/2019 | 7/2019 | 6/2019 | 5/2019 | |
|---|---|---|---|---|---|
| Total Listings | 4,381 | 4,455 | 4,463 | 4,410 | 4,476 |
| Average Price | $306,670 | $322,476 | $304,159 | $304,757 | $300,089 |
| Avg Price Change | -5.15% | +6.02% | -0.20% | +1.56% | +1.94% |
| Median Price | $219,422 | $219,373 | $219,748 | $219,125 | $215,557 |
| Med Price Change | +0.02% | -0.17% | +0.28% | +1.66% | +0.31% |
| Avg Bedrooms | 2.26 beds | 2.26 beds | 2.26 beds | 2.26 beds | 2.27 beds |
| Avg Bathrooms | 1.97 baths | 1.97 baths | 1.97 baths | 1.98 baths | 2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carolina Forest High School | 1,130 | $277,219 | 119 days |
| Myrtle Beach High School | 2,008 | $319,649 | 118 days |
| North Myrtle Beach High School | 35 | $306,709 | 109 days |
| Saint James High School | 461 | $263,469 | 104 days |
| Socastee High School | 574 | $256,427 | 111 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 4,327 | $306,765 | 117 days |
| Distressed Homes | 1 | $315,000 | 17 days |
| Multi-Million Dollar Homes | 130 | $2,195,019 | 168 days |
| Newly Built Homes | 942 | $351,396 | 105 days |
| Homes with a Pool | 1,530 | $251,203 | 115 days |
| Reduced Price Homes | 88 | $289,895 | 110 days |
