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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

$429,471

AVERAGE PRICE OF 3,131 HOMES

$1,982,043

AVERAGE PRICE OF 129 MULTI-MILLION DOLLAR HOMES

$465,908

AVERAGE PRICE OF 1,029 NEWLY BUILT HOMES

$389,435

AVERAGE PRICE OF 2,167 HOMES WITH A POOL

$395,655

AVERAGE PRICE OF 116 REDUCED PRICE HOMES

Average Home

Average Price $429,471
Avg Bedrooms 2.56 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $201,532
2 bedrooms $282,882
3 bedrooms $402,523
4 bedrooms $517,857
5 bedrooms $650,686
Myrtle Beach Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 3,108 3,028 3,076 3,059 2,963
Average Price $436,879 $449,611 $448,260 $457,990 $458,138
Avg Price Change -2.91% +0.30% -2.17% -0.03% -1.50%
Median Price $346,099 $349,751 $346,528 $347,627 $348,921
Med Price Change -1.06% +0.93% -0.32% -0.37% -0.17%
Avg Bedrooms 2.58 beds 2.6 beds 2.6 beds 2.61 beds 2.63 beds
Avg Bathrooms 2.2 baths 2.21 baths 2.21 baths 2.22 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 1,040 $412,000 96 days
Myrtle Beach High School 1,094 $427,727 92 days
North Myrtle Beach High School 59 $418,933 81 days
Saint James High School 374 $365,056 128 days
Socastee High School 409 $368,804 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,131 $429,471 102 days
Multi-Million Dollar Homes 129 $1,982,043 205 days
Newly Built Homes 1,029 $465,908 123 days
Homes with a Pool 2,167 $389,435 94 days
Reduced Price Homes 116 $395,655 74 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 2023 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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