Myrtle Beach, SC has a median housing value of $326,400, which is lower than the national median value of $338,100. However, in the past year Myrtle Beach has experienced a 15.54% appreciation in its house values - much higher than the US average of 8.27%. This strong appreciation rate shows that Myrtle Beach is an attractive place to buy property with a wide range of housing options for buyers and sellers alike.
The median home cost in Myrtle Beach (zip 29575) is $326,400. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Myrtle Beach (zip 29575) is up 21.9%.
Average Age of Homes
- The median age of Myrtle Beach (zip 29575) real estate is 28 years old
The Rental Market in Myrtle Beach (zip 29575)
- Renters make up 11.2% of the Myrtle Beach (zip 29575) population
- 9.3% of houses and apartments in Myrtle Beach (zip 29575), 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.