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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 30,000 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 city of Myrtle Beach

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Myrtle Beach Market Report

$445,687

AVERAGE PRICE OF 2,499 HOMES

$384,975

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,873,075

AVERAGE PRICE OF 104 MULTI-MILLION DOLLAR HOMES

$455,513

AVERAGE PRICE OF 901 NEWLY BUILT HOMES

$369,877

AVERAGE PRICE OF 1,648 HOMES WITH A POOL

$396,214

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $445,687
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $151,360
2 bedrooms $228,290
3 bedrooms $386,182
4 bedrooms $521,852
5 bedrooms $601,620
Myrtle Beach Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 2,592 n/a 2,862 2,873 2,809
Average Price $423,629 n/a $406,127 $404,792 $400,848
Avg Price Change n/a n/a +0.33% +0.98% +1.08%
Median Price $320,325 n/a $298,985 $283,802 $274,476
Med Price Change n/a n/a +5.35% +3.40% +3.91%
Avg Bedrooms 2.56 beds n/a 2.51 beds 2.46 beds 2.42 beds
Avg Bathrooms 2.21 baths n/a 2.17 baths 2.15 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 630 $463,773 99 days
Myrtle Beach High School 1,026 $389,870 95 days
North Myrtle Beach High School 42 $329,436 56 days
Saint James High School 303 $339,547 106 days
Socastee High School 360 $358,575 91 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,499 $445,687 101 days
Distressed Homes 4 $384,975 96 days
Multi-Million Dollar Homes 104 $2,873,075 177 days
Newly Built Homes 901 $455,513 136 days
Homes with a Pool 1,648 $369,877 90 days
Reduced Price Homes 16 $396,214 71 days
Mayfield Group
Patrick Mayfield
2305 N Oak Street
Myrtle Beach, SC 29577
843-251-9892

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