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North Myrtle Beach Housing Market
Real sold prices from the MLS, not the asking prices you see on listing sites.
View the most recent North Myrtle Beach Real Estate market information available. The report below is built from the MLS itself: every closed sale, pending contract and active listing in North Myrtle Beach over the last twelve months, with median prices, days on market, and the gap between asking and sold price. It updates automatically, so the numbers are always current rather than a quarterly snapshot.
Use it two ways. If you are buying, the sold prices tell you what a house in your bracket really trades for, which is the only number that matters when you write an offer. If you are selling, the days on market and the list-to-sale ratio tell you what the market will bear this month, before you pick a price.
How to Read the North Myrtle Beach Housing Market Report
North Myrtle Beach is two markets sharing one name. Condos outnumber houses almost three to one, and most of those condos are oceanfront, so the citywide median leans toward resort units rather than the house on a numbered avenue you may be shopping for. The citywide report is the place to start, and then the reports below narrow it to houses, oceanfront condos or a single section such as Cherry Grove or Windy Hill. A $350,000 median means something different in Barefoot Resort than it does on Ocean Boulevard.
Three numbers are worth watching. Median sold price is the middle of the closed sales, and it moves more slowly than the asking prices you see on listing sites. Days on market tells you how fast homes are going under contract; when it stretches, buyers have room to negotiate. The list-to-sale ratio is what sellers are actually getting against what they asked, and it is the quickest read on which way the market is leaning.
Market Reports by Area
The same MLS data, one property type or section at a time.
- Oceanfront Condos — the largest share of North Myrtle Beach sales, by building.
- Houses Only — single-family sales with the condos taken out.
- Myrtle Beach — the same report for the city to the south.
- Every neighborhood — pick any subdivision or building on the coast.
What the Numbers Do Not Tell You
A market report shows you the average. It cannot tell you that the condo that sold in eleven days was a renovated corner unit with a rental history and the one that sat for ninety had an assessment coming. I look at the individual sales behind these medians every week, and that is the part of the conversation worth having before you price a home or make an offer. If you are searching for North Myrtle Beach realty numbers rather than listings, this is the page.
For a pricing opinion on a specific property in North Myrtle Beach, or a look at the sold comparables for a home you are considering, call or text Ashley DeLong, Realtor at (843) 685-3191.
Frequently Asked Questions About the North Myrtle Beach Housing Market
How often is the North Myrtle Beach market report updated?
Daily. The report pulls directly from the local MLS, so new closings, pending contracts and price changes appear as they are recorded rather than at the end of a quarter.
What does the report cover?
Closed sales, pending contracts and active listings in North Myrtle Beach over the last twelve months, with median and average sold prices, price per square foot, days on market and the list-to-sale price ratio, broken out by property type.
Does the report include condos?
Yes. Condos are the majority of the North Myrtle Beach market, and the report separates single-family homes from condos so an oceanfront resort unit is not averaged into the price of a house in Cherry Grove or Barefoot Resort.
Can I get a report for a single neighborhood or building?
Yes. The reports linked above split houses from oceanfront condos, and the market report search lets you run the same numbers for any section, subdivision or condo building in North Myrtle Beach.
How do I use the report to price my North Myrtle Beach home?
Start with the median sold price and days on market for your property type, then compare your home against the individual closed sales in your neighborhood over the last six months. An asking price built on what has sold, rather than on what neighbors are asking, sells faster and usually for more.
Let's work together.
For a pricing opinion on your North Myrtle Beach home or the sold comparables on one you want to buy, Ashley DeLong can walk you through the numbers.
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