Myrtle Beach Market Report

$319,982

AVERAGE PRICE OF 4,398 HOMES

$190,218

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,454,964

AVERAGE PRICE OF 131 MULTI-MILLION DOLLAR HOMES

$349,082

AVERAGE PRICE OF 999 NEWLY BUILT HOMES

$264,014

AVERAGE PRICE OF 1,195 HOMES WITH A POOL

$316,518

AVERAGE PRICE OF 74 REDUCED PRICE HOMES

Average Home

Average Price $319,982
Avg Bedrooms 2.29 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $117,765
2 bedrooms $187,315
3 bedrooms $299,570
4 bedrooms $422,718
5 bedrooms $516,060
Myrtle Beach Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 4,375 4,453 4,358 4,365 4,414
Average Price $320,543 $321,283 $320,491 $322,174 $390,298
Avg Price Change -0.23% +0.25% -0.53% -21.15% +4.24%
Median Price $228,514 $228,709 $226,599 $226,493 $228,113
Med Price Change -0.09% +0.93% +0.05% -0.72% -0.75%
Avg Bedrooms 2.31 beds 2.34 beds 2.31 beds 2.31 beds 2.31 beds
Avg Bathrooms 2.03 baths 2.05 baths 2.02 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 1,054 $350,349 124 days
Myrtle Beach High School 2,082 $296,906 150 days
North Myrtle Beach High School 55 $258,017 113 days
Saint James High School 452 $249,112 104 days
Socastee High School 565 $264,500 115 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,398 $319,982 139 days
Distressed Homes 4 $190,218 107 days
Multi-Million Dollar Homes 131 $2,454,964 253 days
Newly Built Homes 999 $349,082 117 days
Homes with a Pool 1,195 $264,014 151 days
Reduced Price Homes 74 $316,518 113 days
Jewell and Kristi Knight
Beach & Forest Realty
6301 N. Kings Highway/Business 17
Myrtle Beach, SC 29572
Kristi - 843-251-5776
Jewell - 843-251-5775
Website: www.KnightTeamRealEstate.com
Email: jewellknight@sc.rr.com

<img src="https://s-static.cinccdn.com/images/uploads/UP7FC0D157D75044.jpg" height="125px" width="auto">
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.
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