Myrtle Beach, SC

Buyer's market-25.5% YoY

Housing market overview · Updated weekly

$190,000median sale price

Homes sold

159

Last 12 weeks

Days on market

112

Average pace

Active listings

1,440

9.1 months supply

Sale-to-list

93.9%

Below asking

The Myrtle Beach housing market is currently classified as a buyer's market with a median sale price of $190,000. Prices have fallen 25.5% compared to last year, with homes spending an average of 112 days on market, indicating 9.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Myrtle Beach?

The median home sale price in Myrtle Beach is $190,000, down 25.5% from last year.

How long do homes stay on market in Myrtle Beach?

Homes typically spend 112 days on market before going under contract.

Is Myrtle Beach a buyer's or seller's market?

With 9.1 months of supply, Myrtle Beach is currently a buyer's market.

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