Myrtle Beach, SC Home Values & Market Trends
Real estate market trends reflect that there have been 5,652 transactions over the past year in Myrtle Beach. The median value for residential home transactions that occurred over the previous year is $309,945.13. The number of current listings in Myrtle Beach is 1,344, and the percentage of properties for sale in the city is 1344.00%. Myrtle Beach, SC currently has 22 properties in foreclosure, 1 bank owned properties, 21 properties headed for auction, and 1,344 properties for sale.
Myrtle Beach, SC Real Estate Market Overview
Housing Market Summary for Myrtle Beach, SC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $309.9K | $282.4K | -8.90% |
| Median Sold Price | $259.3K | $282.4K | 8.90% |
| Homes For Sale | 1,030 | 1,314 | 27.57% |
| Homes Sold | 2,590 | 2,333 | -9.92% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Myrtle Beach, SC
Browse Homes in Myrtle Beach, SC
Myrtle Beach home values range from $34,125 to $15,992,884. The median estimated value of a home in Myrtle Beach is $309,945.13. The median list price of a home is 289,950, and the total count of properties in the city is 88,507.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Myrtle Beach, SC with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Myrtle Beach, SC; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Myrtle Beach, SC ranges from the highest value of $217,035 in 29577 to the lowest value of $217,035 in 29577. Bank owned homes and properties account for 0.00% of properties in Myrtle Beach, SC. There are 5 zips within Myrtle Beach, SC; 29577 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions29588 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Myrtle Beach, SC. Auction homes and other auction properties account for 0.02% of all properties in Myrtle Beach, SC. There are 5 zips within Myrtle Beach, SC; of those zips, the median estimated home value for homes going to auction ranges from $388,122 in 29575 to the lowest value of $73,227 in 29575.
Compare Nearby Cities
More Real Estate Resources for Myrtle Beach, SC
Guide for Myrtle Beach, SC
The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.
South Carolina Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
