SC · Metro #117

Myrtle Beach - SC housing market

The Myrtle Beach metro has a typical home value of $341,312, down 0.2% from a year ago. Homes are sitting 50 days on average, buyers have negotiating room. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$341,312
-0.2% vs. year ago
Median sale price
$320,136
+0.7% YoY
Median list price
$344,967
Sale-to-list ratio
96.7%
Selling below ask
Days on market
50d
Listings w/ price cut
29.4%
New listings / mo
1,663
-13.5% YoY
Homes for sale
8,384
-5.5% YoY
Typical rent
$1,708/mo
+1.4% YoY
Context

How to read this data

The typical home value ($341,312) 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 0.2% over the past year. A home worth $341,996 last year is now worth roughly $341,312.

The median sale price , what homes actually close for , is $320,136. Homes are selling at 96.7% of list price, meaning buyers have room to negotiate.

Homes listed in Myrtle Beach - SC sit on the market for roughly 50 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,663 new listings hit the market each month in Myrtle Beach - SC. There are currently 8,384 homes for sale, down 5.5% from a year ago.

The typical monthly rent in Myrtle Beach - SC is $1,708, up 1.4% year over year. For investors, the price-to-rent ratio here is roughly 17x 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$317,097 +1.9% 22.0d
Columbia - SC$257,718 +1.5% 22.0d
Charleston - SC$436,297 -0.7% 40.0d
Spartanburg - SC$280,581 +2.0% 31.0d
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