Myrtle Beach Market Report
$406,588
AVERAGE PRICE OF 2,863 HOMES$1,749,667
AVERAGE PRICE OF 3 DISTRESSED HOMES$2,249,571
AVERAGE PRICE OF 142 MULTI-MILLION DOLLAR HOMES$440,603
AVERAGE PRICE OF 806 NEWLY BUILT HOMES$344,998
AVERAGE PRICE OF 1,873 HOMES WITH A POOL$389,841
AVERAGE PRICE OF 47 REDUCED PRICE HOMESAverage Home
| Average Price | $406,588 |
| Avg Bedrooms | 2.47 beds |
| Avg Bathrooms | 2.15 baths |
Average Price by Bedrooms
| 1 bedroom | $131,517 |
| 2 bedrooms | $218,098 |
| 3 bedrooms | $349,628 |
| 4 bedrooms | $528,640 |
| 5 bedrooms | $629,598 |
Myrtle Beach Home Price Trends
| 8/2021 | 7/2021 | 6/2021 | 5/2021 | 4/2021 | |
|---|---|---|---|---|---|
| Total Listings | 2,809 | 2,813 | 2,984 | 3,219 | 3,433 |
| Average Price | $400,848 | $396,562 | $384,112 | $370,232 | $356,520 |
| Avg Price Change | +1.08% | +3.24% | +3.75% | +3.85% | +2.09% |
| Median Price | $274,476 | $264,150 | $258,992 | $251,789 | $245,486 |
| Med Price Change | +3.91% | +1.99% | +2.86% | +2.57% | +2.33% |
| Avg Bedrooms | 2.42 beds | 2.37 beds | 2.33 beds | 2.31 beds | 2.3 beds |
| Avg Bathrooms | 2.13 baths | 2.1 baths | 2.07 baths | 2.04 baths | 2.03 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carolina Forest High School | 728 | $425,168 | 68 days |
| Myrtle Beach High School | 1,219 | $372,493 | 77 days |
| North Myrtle Beach High School | 31 | $284,748 | 56 days |
| Saint James High School | 292 | $316,715 | 65 days |
| Socastee High School | 434 | $351,454 | 66 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,863 | $406,588 | 75 days |
| Distressed Homes | 3 | $1,749,667 | 139 days |
| Multi-Million Dollar Homes | 142 | $2,249,571 | 108 days |
| Newly Built Homes | 806 | $440,603 | 100 days |
| Homes with a Pool | 1,873 | $344,998 | 66 days |
| Reduced Price Homes | 47 | $389,841 | 44 days |
