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Myrtle Beach

Why you'd want to live in Myrtle Beach

Myrtle Beach, a city and vacation resort on South Carolina’s Atlantic coast, is the hub of the Grand Strand, a 60-mile string of beaches. It’s also known for its celebrity-designed golf courses. Along its beachfront boardwalk are arcades, souvenir stands and restaurants, as well as the old-fashioned Family Kingdom amusement park and the SkyWheel, one of the country’s tallest Ferris wheels. via visitmyrtlebeach.com

Myrtle Beach Market Report

$459,573

AVERAGE PRICE OF 3,245 HOMES

$193,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,638,135

AVERAGE PRICE OF 131 MULTI-MILLION DOLLAR HOMES

$523,608

AVERAGE PRICE OF 991 NEWLY BUILT HOMES

$400,538

AVERAGE PRICE OF 2,243 HOMES WITH A POOL

$380,969

AVERAGE PRICE OF 178 REDUCED PRICE HOMES

Average Home

Average Price $459,573
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $192,782
2 bedrooms $273,773
3 bedrooms $416,033
4 bedrooms $583,011
5 bedrooms $700,216
Myrtle Beach Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 3,158 3,138 n/a n/a n/a
Average Price $460,945 $465,171 n/a n/a n/a
Avg Price Change -0.92% n/a n/a n/a n/a
Median Price $346,643 $348,006 n/a n/a n/a
Med Price Change -0.39% n/a n/a n/a n/a
Avg Bedrooms 2.48 beds 2.49 beds n/a n/a n/a
Avg Bathrooms 2.14 baths 2.15 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 1,023 $443,342 84 days
Myrtle Beach High School 1,307 $409,892 98 days
North Myrtle Beach High School 58 $350,079 85 days
Saint James High School 285 $401,615 96 days
Socastee High School 450 $394,011 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,245 $459,573 95 days
Distressed Homes 2 $193,950 31 days
Multi-Million Dollar Homes 131 $2,638,135 197 days
Newly Built Homes 991 $523,608 119 days
Homes with a Pool 2,243 $400,538 88 days
Reduced Price Homes 178 $380,969 62 days

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BG Coastal Real Estate Company
Brian Geesaman
4016 River Oaks Dr., Ste. 6., #151
Myrtle Beach, SC 29579
843-503-4770

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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