Housing in Myrtle Beach, SC (29579) is currently valued at $339,600 on average, which is slightly above the US median house value of $338,100. In the past year, appreciation for houses in Myrtle Beach was 15.54%, significantly more than the US 1 year appreciation rate of 8.27%. This indicates that buying a house in Myrtle Beach would be a good investment right now as prices are likely to continue to increase.
The median home cost in Myrtle Beach (zip 29579) is $339,600. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Myrtle Beach (zip 29579) is up 21.9%.
Average Age of Homes
- The median age of Myrtle Beach (zip 29579) real estate is 14 years old
The Rental Market in Myrtle Beach (zip 29579)
- Renters make up 27.6% of the Myrtle Beach (zip 29579) population
- 3.4% of houses and apartments in Myrtle Beach (zip 29579), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.