Protect your treasures with
According to statistics, the population in Myrtle Beach, SC amounts to 30,760, which shows growth 2% compared to the previous year. The median age of the city’s residents is 42. The average household income is $39,006, shifting growth 5% from the past year, and the average property value in Myrtle Beach, SC growth 3% to $178,300 throughout the year.
|Number Of Employees||14,307|
|Median Property Value||$178,300|
The average household income in Myrtle Beach, SC grew from $37,023 to $39,006 in the past year. This data is an estimate based upon 13,336 households in Myrtle Beach, SC . The chart below presents how household income is distributed in Myrtle Beach, SC in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Myrtle Beach, SC shifted from $173,600 to $178,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Myrtle Beach, SC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Myrtle Beach, SC properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Myrtle Beach, SC compared to median property taxes around the country. The prevalent amount of property taxes in Myrtle Beach, SC equals $800, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed apartments||$127,900||+11.6%|
|2 bed apartments||$134,252||-40.1%|
|3 bed apartments||$331,851||-10.3%|
|4+ bed apartments||$489,016||-8.4%|
During Aug 2021, the average price for an apartment in/near Myrtle Beach, SC decreased by 6.9% to $393,083.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $127,900 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $134,252. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $331,851. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $489,016 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Apartments for sale||$167,870||-25.1%|
|Lofts for sale||$232,376||-46.7%|
|Townhouses for sale||$134,924||-42.7%|
|Houses for sale||$485,986||-6.9%|
|Condos for sale||$176,142||-37.5%|
|Duplexes for sale||$266,566||N/A|
While assessing the property pricing Myrtle Beach, SC, you can note that it remains flat with a price tag of $167,870. According to statistics, average house is still $485,986 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $176,142. An average value of duplex is $266,566, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $232,376. Value of the townhouses didn’t change, the price still starts at $134,924.
Invest in the future of home rentals. Join us and become a part of our global rental platform.Invest Now
Your perks are here and your account is now upgraded. Thanks for investing in Rentberry.Accept