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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

$414,533

AVERAGE PRICE OF 3,865 HOMES

$273,580

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,160,341

AVERAGE PRICE OF 149 MULTI-MILLION DOLLAR HOMES

$502,679

AVERAGE PRICE OF 900 NEWLY BUILT HOMES

$377,538

AVERAGE PRICE OF 2,813 HOMES WITH A POOL

$377,249

AVERAGE PRICE OF 202 REDUCED PRICE HOMES

Average Home

Average Price $414,533
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.74 baths

Average Price by Bedrooms

1 bedroom $194,543
2 bedrooms $245,240
3 bedrooms $396,769
4 bedrooms $574,783
5 bedrooms $753,098
Myrtle Beach Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 3,716 3,609 3,453 3,313 3,172
Average Price $418,062 $408,148 $410,999 $406,106 $412,284
Avg Price Change +2.43% -0.70% +1.20% -1.52% +0.55%
Median Price $323,538 $319,359 $318,585 $323,541 $324,841
Med Price Change +1.31% +0.24% -1.56% -0.40% +0.13%
Avg Bedrooms 2.59 beds 2.47 beds 2.2 beds 2.03 beds 1.87 beds
Avg Bathrooms 2.73 baths 2.69 baths 2.15 baths 1.76 baths 1.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Myrtle Beach High School 1,725 $391,222 108 days
Out Of Area 3 $329,133 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,865 $414,533 78 days
Distressed Homes 5 $273,580 77 days
Multi-Million Dollar Homes 149 $2,160,341 215 days
Newly Built Homes 900 $502,679 99 days
Homes with a Pool 2,813 $377,538 93 days
Reduced Price Homes 202 $377,249 71 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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