The housing market in North Myrtle Beach, SC (ZIP Code 29582) is thriving. The median value of homes in this area is $393,200, significantly higher than the US median value of $338,100. Over the last year, house appreciation in North Myrtle Beach has been 15.54%, much higher than the US average appreciation rate of 8.27%. This positive trend indicates that the housing market in North Myrtle Beach is continuing to grow and could be a great investment opportunity for those looking to buy a home in the area.
The median home cost in North Myrtle Beach (zip 29582) is $393,200. Home appreciation the last 10 years has been 81.7%. Home Appreciation in North Myrtle Beach (zip 29582) is up 21.9%.
Average Age of Homes
- The median age of North Myrtle Beach (zip 29582) real estate is 25 years old
The Rental Market in North Myrtle Beach (zip 29582)
- Renters make up 8.4% of the North Myrtle Beach (zip 29582) population
- 20.7% of houses and apartments in North Myrtle Beach (zip 29582), 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.