The Housing Market in Myrtle Beach has Shifted a Little

Data reports show that the price of homes in Myrtle Beach has risen as the population has increased.

The housing market has shifted from a seller’s market to a more neutral market, which means sellers still have the advantage but buyers now have wiggle room to negotiate the price. Rocket Homes reported data shows that single-family homes in Myrtle Beach average nearly $242 thousand.

Rocket Homes also showed that in September, 66% of homes were sold under the originally presented price. This percentage is different than last years report where everything was sold over the asking price, so data now displays how the market is beginning to steady out.