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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

$406,782

AVERAGE PRICE OF 2,895 HOMES

$1,431,750

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,217,595

AVERAGE PRICE OF 137 MULTI-MILLION DOLLAR HOMES

$436,807

AVERAGE PRICE OF 881 NEWLY BUILT HOMES

$352,320

AVERAGE PRICE OF 1,917 HOMES WITH A POOL

$436,110

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $406,782
Avg Bedrooms 2.52 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $132,852
2 bedrooms $221,904
3 bedrooms $353,857
4 bedrooms $526,913
5 bedrooms $589,131
Myrtle Beach Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 2,873 2,809 2,813 2,984 3,219
Average Price $404,792 $400,848 $396,562 $384,112 $370,232
Avg Price Change +0.98% +1.08% +3.24% +3.75% +3.85%
Median Price $283,802 $274,476 $264,150 $258,992 $251,789
Med Price Change +3.40% +3.91% +1.99% +2.86% +2.57%
Avg Bedrooms 2.46 beds 2.42 beds 2.37 beds 2.33 beds 2.31 beds
Avg Bathrooms 2.15 baths 2.13 baths 2.1 baths 2.07 baths 2.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 755 $434,334 71 days
Myrtle Beach High School 1,206 $374,707 82 days
North Myrtle Beach High School 27 $313,591 60 days
Saint James High School 297 $305,567 72 days
Socastee High School 459 $348,276 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,895 $406,782 80 days
Distressed Homes 4 $1,431,750 136 days
Multi-Million Dollar Homes 137 $2,217,595 121 days
Newly Built Homes 881 $436,807 104 days
Homes with a Pool 1,917 $352,320 70 days
Reduced Price Homes 47 $436,110 43 days
Mayfield Group
Patrick Mayfield
2305 N Oak Street
Myrtle Beach, SC 29577
843-251-9892

Copyright 2021 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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