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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

$417,132

AVERAGE PRICE OF 3,820 HOMES

$297,760

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,147,843

AVERAGE PRICE OF 154 MULTI-MILLION DOLLAR HOMES

$504,976

AVERAGE PRICE OF 895 NEWLY BUILT HOMES

$376,939

AVERAGE PRICE OF 2,783 HOMES WITH A POOL

$401,843

AVERAGE PRICE OF 176 REDUCED PRICE HOMES

Average Home

Average Price $417,132
Avg Bedrooms 2.42 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $195,306
2 bedrooms $273,022
3 bedrooms $399,893
4 bedrooms $589,880
5 bedrooms $750,150
Myrtle Beach Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 3,713 3,607 3,449 3,308 3,168
Average Price $418,036 $408,221 $411,168 $406,339 $412,499
Avg Price Change +2.40% -0.72% +1.19% -1.52% +0.57%
Median Price $323,549 $319,396 $318,673 $323,698 $324,963
Med Price Change +1.30% +0.23% -1.58% -0.39% +0.14%
Avg Bedrooms 2.43 beds 2.41 beds 2.42 beds 2.45 beds 2.47 beds
Avg Bathrooms 2.14 baths 2.12 baths 2.12 baths 2.13 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Myrtle Beach High School 1,719 $390,413 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,820 $417,132 102 days
Distressed Homes 5 $297,760 81 days
Multi-Million Dollar Homes 154 $2,147,843 213 days
Newly Built Homes 895 $504,976 97 days
Homes with a Pool 2,783 $376,939 91 days
Reduced Price Homes 176 $401,843 72 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 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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