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Myrtle Beach Market Report

$464,525

AVERAGE PRICE OF 3,053 HOMES

$537,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,706,989

AVERAGE PRICE OF 125 MULTI-MILLION DOLLAR HOMES

$500,123

AVERAGE PRICE OF 1,051 NEWLY BUILT HOMES

$404,609

AVERAGE PRICE OF 2,096 HOMES WITH A POOL

$448,445

AVERAGE PRICE OF 146 REDUCED PRICE HOMES

Average Home

Average Price $464,525
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $188,139
2 bedrooms $264,013
3 bedrooms $409,217
4 bedrooms $550,215
5 bedrooms $665,139
Myrtle Beach Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 3,088 3,061 3,212 3,158 3,138
Average Price $464,434 $467,628 $460,305 $460,945 $465,171
Avg Price Change -0.69% +1.59% -0.14% -0.92% n/a
Median Price $349,671 $349,776 $349,008 $346,643 $348,006
Med Price Change -0.03% +0.22% +0.68% -0.39% n/a
Avg Bedrooms 2.6 beds 2.55 beds 2.51 beds 2.48 beds 2.49 beds
Avg Bathrooms 2.22 baths 2.2 baths 2.17 baths 2.14 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 967 $453,618 102 days
Myrtle Beach High School 1,139 $422,690 111 days
North Myrtle Beach High School 43 $364,344 109 days
Saint James High School 379 $386,963 93 days
Socastee High School 412 $381,042 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,053 $464,525 109 days
Distressed Homes 3 $537,966 8 days
Multi-Million Dollar Homes 125 $2,706,989 214 days
Newly Built Homes 1,051 $500,123 122 days
Homes with a Pool 2,096 $404,609 100 days
Reduced Price Homes 146 $448,445 80 days

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Keller Williams Realty
1704 N. Oak Street
Myrtle Beach, SC 29577
843-633-3000

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