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Myrtle Beach Market Report

$446,787

AVERAGE PRICE OF 3,067 HOMES

$237,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,248,405

AVERAGE PRICE OF 139 MULTI-MILLION DOLLAR HOMES

$470,921

AVERAGE PRICE OF 1,041 NEWLY BUILT HOMES

$401,252

AVERAGE PRICE OF 2,132 HOMES WITH A POOL

$516,657

AVERAGE PRICE OF 94 REDUCED PRICE HOMES

Average Home

Average Price $446,787
Avg Bedrooms 2.6 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $191,050
2 bedrooms $279,101
3 bedrooms $403,613
4 bedrooms $533,832
5 bedrooms $730,293
Myrtle Beach Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 3,059 2,963 3,024 3,088 3,061
Average Price $457,990 $458,138 $465,001 $464,434 $467,628
Avg Price Change -0.03% -1.50% +0.12% -0.69% +1.59%
Median Price $347,627 $348,921 $349,510 $349,671 $349,776
Med Price Change -0.37% -0.17% -0.05% -0.03% +0.22%
Avg Bedrooms 2.61 beds 2.63 beds 2.62 beds 2.6 beds 2.55 beds
Avg Bathrooms 2.22 baths 2.23 baths 2.23 baths 2.22 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 1,002 $416,903 106 days
Myrtle Beach High School 1,087 $448,125 106 days
North Myrtle Beach High School 47 $389,743 102 days
Saint James High School 399 $384,872 121 days
Socastee High School 410 $414,954 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,067 $446,787 112 days
Distressed Homes 2 $237,000 34 days
Multi-Million Dollar Homes 139 $2,248,405 187 days
Newly Built Homes 1,041 $470,921 132 days
Homes with a Pool 2,132 $401,252 105 days
Reduced Price Homes 94 $516,657 92 days

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

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