Myrtle Beach Market Report

$321,202

AVERAGE PRICE OF 4,351 HOMES

$155,291

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,505,008

AVERAGE PRICE OF 128 MULTI-MILLION DOLLAR HOMES

$345,853

AVERAGE PRICE OF 987 NEWLY BUILT HOMES

$272,357

AVERAGE PRICE OF 1,186 HOMES WITH A POOL

$305,298

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $321,202
Avg Bedrooms 2.32 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $117,347
2 bedrooms $186,930
3 bedrooms $294,207
4 bedrooms $425,065
5 bedrooms $524,034
Myrtle Beach Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 4,453 4,358 4,365 4,414 4,273
Average Price $321,283 $320,491 $322,174 $390,298 $374,418
Avg Price Change +0.25% -0.53% -21.15% +4.24% +11.88%
Median Price $228,709 $226,599 $226,493 $228,113 $229,831
Med Price Change +0.93% +0.05% -0.72% -0.75% -0.03%
Avg Bedrooms 2.34 beds 2.31 beds 2.31 beds 2.31 beds 2.31 beds
Avg Bathrooms 2.05 baths 2.02 baths 2.01 baths 2.01 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carolina Forest High School 1,072 $347,232 138 days
Myrtle Beach High School 2,058 $300,145 157 days
North Myrtle Beach High School 52 $293,624 135 days
Saint James High School 442 $255,823 112 days
Socastee High School 558 $269,224 121 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,351 $321,202 146 days
Distressed Homes 3 $155,291 106 days
Multi-Million Dollar Homes 128 $2,505,008 239 days
Newly Built Homes 987 $345,853 123 days
Homes with a Pool 1,186 $272,357 154 days
Reduced Price Homes 64 $305,298 140 days
Jewell and Kristi Knight
RE/MAX Southern Shores
100 HWY 17 S.
North Myrtle Beach, SC 29582
Kristi - 843-251-5776
Jewell - 843-251-5775
Website: www.KnightTeamRealEstate.com
Email: jewellknight@sc.rr.com


Stephen Funderburk
Branch Manager/Sr. Mortgage Banker
NMLS #113736, Licensed in NC, SC
1113 44th Avenue N. Suite 303, Myrtle Beach, SC, 29577
Mobile: 843-222-9588 | Fax: 877-736-1507
StephenFunderburk@atlanticbay.com

Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.
Copyright 2020 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.