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Myrtle Beach

Why you'd want to live in Myrtle Beach

The City of Myrtle Beach is a residential and vacation community at the heart of South Carolina's Grand Strand coast. Our 35,000-plus permanent residents and millions of visitors enjoy wide beaches, warm weather and an incredible range of entertainment and activities. Myrtle Beach was incorporated in 1938 and became a city in 1957, when the permanent population first topped 5,000. The name "Myrtle Beach" comes from the wax myrtle, an abundant local shrub, and was chosen in a name-the-town contest in 1900. via cityofmyrtlebeach.com

Myrtle Beach Market Report

$424,990

AVERAGE PRICE OF 3,804 HOMES

$254,350

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,133,546

AVERAGE PRICE OF 179 MULTI-MILLION DOLLAR HOMES

$548,804

AVERAGE PRICE OF 758 NEWLY BUILT HOMES

$398,862

AVERAGE PRICE OF 2,679 HOMES WITH A POOL

$396,894

AVERAGE PRICE OF 176 REDUCED PRICE HOMES

Average Home

Average Price $424,990
Avg Bedrooms 2.41 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $183,833
2 bedrooms $268,442
3 bedrooms $400,843
4 bedrooms $619,428
5 bedrooms $892,991
Myrtle Beach Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 3,670 3,747 3,954 3,940 3,901
Average Price $424,269 $420,625 $413,169 $441,001 $405,091
Avg Price Change +0.87% +1.80% -6.74% +8.86% -0.27%
Median Price $313,054 $310,125 $314,859 $319,061 $320,738
Med Price Change +0.94% -1.53% -1.33% -0.53% -0.24%
Avg Bedrooms 2.42 beds 2.41 beds 2.43 beds 2.44 beds 2.44 beds
Avg Bathrooms 2.13 baths 2.12 baths 2.13 baths 2.13 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Myrtle Beach High School 1,743 $405,627 140 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,804 $424,990 127 days
Distressed Homes 4 $254,350 115 days
Multi-Million Dollar Homes 179 $2,133,546 199 days
Newly Built Homes 758 $548,804 125 days
Homes with a Pool 2,679 $398,862 116 days
Reduced Price Homes 176 $396,894 104 days

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Lifestyle Real Estate | The Elite Team
Brad Williams
170 Meeting Street, Ste 231
Charleston, SC 29401
843-789-0734

Copyright 2025 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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