Myrtle Beach, SC Home Values & Market Trends

Real estate market trends reflect that there have been 5,676 transactions over the past year in Myrtle Beach. The median value for residential home transactions that occurred over the previous year is $304,787.99. The number of current listings in Myrtle Beach is 1,382, and the percentage of properties for sale in the city is 1382.00%. Myrtle Beach, SC currently has 17 properties in foreclosure, 2 bank owned properties, 15 properties headed for auction, and 1,382 properties for sale.

Myrtle Beach, SC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
29577

$ 187,552

$ 274/sqft

29588

$ 324,577

$ 189/sqft

29572

$ 247,076

$ 325/sqft

29575

$ 245,291

$ 206/sqft

29579

$ 329,037

$ 194/sqft

Housing Market Summary for Myrtle Beach, SC

Mar 2023February 2024Change
Median Listing Price$300K$272K-9.33%
Median Sold Price$263.2K$272K3.37%
Homes For Sale1,0221,37434.44%
Homes Sold2,6892,613-2.83%
Price
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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%.

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Browse Homes in Myrtle Beach, SC

Myrtle Beach home values range from $19,906 to $19,148,721. The median estimated value of a home in Myrtle Beach is $304,787.99. The median list price of a home is 254,900, and the total count of properties in the city is 85,793.

Foreclosure
There are 5 zips within Myrtle Beach, SC; within these zips, the median estimated home value for homes in foreclosure ranges from $1,024,612 in 29577 to the lowest value of $67,806 in 29577. Foreclosure homes account for 0.00% of properties in Myrtle Beach, SC with 29577 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in Myrtle Beach, SC ranges from the highest value of $372,000 in 29577 to the lowest value of $237,768 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 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    29572 has 5 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 $817,969 in 29575 to the lowest value of $67,806 in 29575.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.61% of residential properties in Myrtle Beach, SC with 29577 containing 531 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Myrtle Beach, SC; homes for sale in those zips, have a range of median values from $2,398,067 in 29579 to the lowest value of $43,283 in 29577.
    Sold Homes
    The median value for recently sold homes ranges from $5,130,575 in 29572 to the lowest price of $37,496 in 29572. There are 5 zips within Myrtle Beach, SC. 29577 has 785 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.09% of properties in Myrtle Beach, SC.

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      Guide for Myrtle Beach, SC

      Home Buying Guides & Tips
      South Carolina Foreclosure Laws
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      See More Articles
      South Carolina Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Carolina Foreclosure Laws

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes Myrtle Beach, SC

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