Myrtle Beach Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Myrtle Beach is $142, which is higher than the Myrtle Beach Metro average of $116. The median price of homes currently listed in Myrtle Beach is $142,000 while the median price of homes that sold is $108,700.

Foreclosures will be a factor impacting home values in the next several years. In Myrtle Beach 4.6 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Myrtle Beach is 5.9%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Myrtle Beach homeowners underwater on their mortgage is 23.6%.

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Relative ZHVI
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Myrtle Beach Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $142,000 Median listing price
  • No recent data Median sale price
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Myrtle Beach Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 23.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Ocean Isle Beach $315,900 Pawleys Island $272,000 Sunset Beach $213,500
Carolina Shores $173,000 Calabash $91,900  

Listings & Sales

Data through Jul 31, 2014
  • $142 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.1% Listings with price cut
48.2%
Sold below listing
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Myrtle Beach Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$885 Myrtle Beach
$1,041 Myrtle Beach Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $0.90 Rent list price / sq ft
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