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Myrtle Beach

Why you'd want to live in Myrtle Beach

Although it's better known to outsiders as a vacation hot spot for beachgoers and golfers, Myrtle Beach, South Carolina, is also an attractive place to live for a number of reasons. Young professionals, growing families and empty nesters who are drawn to the area's mild weather and beaches set down roots here and enjoy the area's relatively low cost of living. As a popular vacation destination, Myrtle Beach offers a high number of job opportunities for those in the tourism and hospitality industries. But even if their professions don't revolve around the region's visitors or transplants, Myrtle Beach residents benefit from living in a tourist haven. Those who live here have access to quality restaurants, a variety of leisure activities and a jam-packed events calendar. Residents also profit from the area's pro-business atmosphere, propagated by low income taxes and numerous incentives for growing companies. These perks make Myrtle Beach a great place to start a small business. via realestate.usnews.com

Myrtle Beach Market Report

$419,331

AVERAGE PRICE OF 3,902 HOMES

$146,300

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,158,543

AVERAGE PRICE OF 160 MULTI-MILLION DOLLAR HOMES

$503,917

AVERAGE PRICE OF 921 NEWLY BUILT HOMES

$380,182

AVERAGE PRICE OF 2,847 HOMES WITH A POOL

$405,329

AVERAGE PRICE OF 202 REDUCED PRICE HOMES

Average Home

Average Price $419,331
Avg Bedrooms 2.42 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $192,184
2 bedrooms $274,356
3 bedrooms $398,611
4 bedrooms $599,432
5 bedrooms $781,421
Myrtle Beach Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 3,793 3,713 3,607 3,449 3,308
Average Price $416,694 $418,036 $408,221 $411,168 $406,339
Avg Price Change -0.32% +2.40% -0.72% +1.19% -1.52%
Median Price $320,164 $323,549 $319,396 $318,673 $323,698
Med Price Change -1.06% +1.30% +0.23% -1.58% -0.39%
Avg Bedrooms 2.43 beds 2.43 beds 2.41 beds 2.42 beds 2.45 beds
Avg Bathrooms 2.14 baths 2.14 baths 2.12 baths 2.12 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Myrtle Beach High School 1,742 $390,339 109 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,902 $419,331 104 days
Distressed Homes 3 $146,300 55 days
Multi-Million Dollar Homes 160 $2,158,543 207 days
Newly Built Homes 921 $503,917 101 days
Homes with a Pool 2,847 $380,182 93 days
Reduced Price Homes 202 $405,329 78 days

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BRG Real Estate - The DeForrest Team
Juliann DeForrest
1309 Professional Drive
Myrtle Beach, SC 29579
732-770-7784
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Jason King
3103 S Highway 17 Business, Unit E3
Murrells Inlet, SC 29576
(843) 467-5353

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