Myrtle Beach Market Report
$272,946
AVERAGE PRICE OF 3,365 HOMES$260,401
AVERAGE PRICE OF 43 DISTRESSED HOMES$1,596,021
AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES$337,730
AVERAGE PRICE OF 893 NEWLY BUILT HOMES$267,871
AVERAGE PRICE OF 2,448 HOMES WITH A POOL$354,825
AVERAGE PRICE OF 56 REDUCED PRICE HOMESAverage Home
| Average Price | $272,946 |
| Avg Bedrooms | 2.7 beds |
| Avg Bathrooms | 2.1 baths |
Average Price by Bedrooms
| 1 bedroom | $109,976 |
| 2 bedrooms | $168,455 |
| 3 bedrooms | $287,073 |
| 4 bedrooms | $430,780 |
| 5 bedrooms | $531,382 |
Myrtle Beach Home Price Trends
| 12/2018 | 11/2018 | 10/2018 | 9/2018 | 8/2018 | |
|---|---|---|---|---|---|
| Total Listings | 3,317 | 3,491 | 3,508 | 3,661 | 3,667 |
| Average Price | $273,694 | $275,347 | $274,669 | $275,966 | $276,409 |
| Avg Price Change | -0.60% | +0.25% | -0.47% | -0.16% | -0.31% |
| Median Price | $222,510 | $220,187 | $223,467 | $226,131 | $227,511 |
| Med Price Change | +1.06% | -1.49% | -1.19% | -0.61% | -0.98% |
| Avg Bedrooms | 2.69 beds | 2.47 beds | 2.58 beds | 2.8 beds | 2.81 beds |
| Avg Bathrooms | 2.1 baths | 1.9 baths | 1.98 baths | 2.15 baths | 2.15 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carolina Forest High School | 748 | $286,957 | 115 days |
| Myrtle Beach High School | 1,782 | $292,278 | 157 days |
| North Myrtle Beach High School | 54 | $376,682 | 90 days |
| Saint James High School | 344 | $229,998 | 127 days |
| Socastee High School | 430 | $191,790 | 126 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 3,365 | $272,946 | 139 days |
| Distressed Homes | 43 | $260,401 | 138 days |
| Multi-Million Dollar Homes | 55 | $1,596,021 | 166 days |
| Newly Built Homes | 893 | $337,730 | 149 days |
| Homes with a Pool | 2,448 | $267,871 | 142 days |
| Reduced Price Homes | 56 | $354,825 | 162 days |
