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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

$462,261

AVERAGE PRICE OF 3,174 HOMES

$169,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,647,816

AVERAGE PRICE OF 133 MULTI-MILLION DOLLAR HOMES

$545,172

AVERAGE PRICE OF 927 NEWLY BUILT HOMES

$401,871

AVERAGE PRICE OF 2,184 HOMES WITH A POOL

$392,555

AVERAGE PRICE OF 146 REDUCED PRICE HOMES

Average Home

Average Price $462,261
Avg Bedrooms 2.48 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $191,112
2 bedrooms $276,682
3 bedrooms $417,045
4 bedrooms $603,085
5 bedrooms $712,963
Myrtle Beach Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 3,138 n/a n/a n/a 2,565
Average Price $465,171 n/a n/a n/a $451,839
Avg Price Change n/a n/a n/a n/a +0.55%
Median Price $348,006 n/a n/a n/a $333,363
Med Price Change n/a n/a n/a n/a +2.89%
Avg Bedrooms 2.49 beds n/a n/a n/a 2.52 beds
Avg Bathrooms 2.15 baths n/a n/a n/a 2.19 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 950 $473,695 82 days
Myrtle Beach High School 1,277 $414,741 92 days
North Myrtle Beach High School 58 $301,151 86 days
Saint James High School 301 $383,074 86 days
Socastee High School 459 $395,369 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,174 $462,261 89 days
Distressed Homes 1 $169,000 39 days
Multi-Million Dollar Homes 133 $2,647,816 180 days
Newly Built Homes 927 $545,172 124 days
Homes with a Pool 2,184 $401,871 82 days
Reduced Price Homes 146 $392,555 54 days

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Mayfield Group
Patrick Mayfield
2305 N Oak Street
Myrtle Beach, SC 29577
843-251-9892

Copyright 2022 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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