SC · Metro #117

Myrtle Beach - SC housing market

The Myrtle Beach metro has a typical home value of $340,239, down 0.6% from a year ago. Homes are sitting 48 days on average - buyers have negotiating room. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$340,239
-0.6% vs. year ago
Median sale price
$321,023
+2.6% YoY
Median list price
$343,300
Sale-to-list ratio
96.2%
Selling below ask
Days on market
48d
Listings w/ price cut
29.0%
New listings / mo
1,841
-14.6% YoY
Homes for sale
8,374
-5.2% YoY
Typical rent
$1,726/mo
+1.4% YoY
Context

How to read this data

The typical home value ($340,239) is the Zillow Home Value Index for the Myrtle Beach - SC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 0.6% over the past year. A home worth $342,293 last year is now worth roughly $340,239.

The median sale price , what homes actually close for , is $321,023. Homes are selling at 96.2% of list price, meaning buyers have room to negotiate.

Homes listed in Myrtle Beach - SC sit on the market for roughly 48 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,841 new listings hit the market each month in Myrtle Beach - SC. There are currently 8,374 homes for sale, down 5.2% from a year ago.

The typical monthly rent in Myrtle Beach - SC is $1,726, up 1.4% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in SC

MetroHome value1-yr changeDays on market
Greenville - SC$315,285 +2.0% 19.0d
Columbia - SC$256,154 +1.3% 22.0d
Charleston - SC$435,877 -0.9% 38.0d
Spartanburg - SC$279,792 +2.3% 28.0d
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