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Myrtle Beach, SC Housing

 
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As of 2010-2014, median price of a house in Myrtle Beach is $167,000, which is higher than the state average of $137,600 and is lower than the national average of $175,700. The Myrtle Beach median house value has grown by 23.34% since 2000. The growth rate for the price of a house in Myrtle Beach is lower than the state average rate of 44.99% and is lower than the national average rate of 46.91%. The median year that a house in Myrtle Beach was built is 1986, which is about the same as the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 6,333 Owner Occupied Houses in Myrtle Beach, SC, #51
Myrtle Beach, SC
167,000 USD
South Carolina
137,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #238
Myrtle Beach, SC
23.34%
South Carolina
44.99%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Myrtle Beach, SCSouth CarolinaU.S.
Total Housing Units23,369, see rank, 100%2,160,383132,741,033
Occupied Housing Units12,222, 52.30%, see rank83.12%87.55%
Owner Occupied6,333, 27.10%, see rank57.03%56.34%
Renter Occupied5,889, 25.20%, see rank26.09%31.21%
Vacant Housing Units11,147, 47.70%, see rank16.88%12.45%
For Rent4,832, 20.68%, see rank3.50%2.34%
For Sale Only360, 1.54%, see rank1.45%1.20%
Rented or Sold, Not Occupied220, 0.94%, see rank0.86%0.92%
For Seasonal, Recreational, or Occasional Use5,057, 21.64%, see rank5.85%3.97%
For Migrant Workers25, 0.11%, see rank0.03%0.03%
Other Vacant653, 2.79%, see rank5.20%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #74
Myrtle Beach, SCSouth CarolinaU.S.
198619861976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Myrtle Beach, SC%South CarolinaU.S.
Owner-Occupied Units6,333100%1,232,15474,787,460
With a Mortgage3,65357.68%, see rank60.95%65.58%
Without a Mortgage2,68042.32%, see rank39.05%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Myrtle Beach, SC
1,321 USD
South Carolina
1,201 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMyrtle Beach, SC%South CarolinaU.S.
$299 or Less00.00%, see rank0.25%0.20%
$300 to $499681.86%, see rank2.58%1.59%
$500 to $6993299.01%, see rank8.65%5.01%
$700 to $99975920.78%, see rank22.78%14.32%
$1,000 to $1,49987223.87%, see rank34.15%27.90%
$1,500 to $1,99971519.57%, see rank16.80%20.35%
$2,000 to $2,99956015.33%, see rank10.61%19.52%
$3,000 or More3509.58%, see rank4.19%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Myrtle Beach, SC
29.20% of the Total Income
South Carolina
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Myrtle Beach, SC%South CarolinaU.S.
10% or Less1784.87%, see rank6.71%5.86%
10% to 20%94725.92%, see rank35.25%31.95%
20% to 30%75220.59%, see rank25.95%27.64%
30% to 40%68218.67%, see rank12.25%13.74%
40% or More1,06129.04%, see rank19.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Myrtle Beach, SC
433 USD
South Carolina
347 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMyrtle Beach, SC%South CarolinaU.S.
$199 or Less29611.04%, see rank13.07%7.76%
$200 to $29935713.32%, see rank24.48%14.70%
$300 to $4991,01037.69%, see rank40.27%34.63%
$500 to $69951219.10%, see rank14.26%21.16%
$700 or More50518.84%, see rank7.92%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Myrtle Beach, SC
11.10% of the Total Income
South Carolina
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Myrtle Beach, SC%South CarolinaU.S.
10% or Less1,22845.82%, see rank43.95%40.19%
10% to 20%67525.19%, see rank30.22%31.47%
20% to 30%2589.63%, see rank10.99%12.24%
30% to 40%1535.71%, see rank5.04%5.64%
40% or More33412.46%, see rank7.88%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Myrtle Beach, SCSouth CarolinaU.S.
Total Housing Units23,369, 100%2,160,383132,741,033
1-unit, Detached6,949, 29.74%, see rank62.20%61.65%
1-unit, Attached1,813, 7.76%, see rank2.82%5.82%
2 Units647, 2.77%, see rank2.24%3.75%
3 or 4 Units1,421, 6.08%, see rank2.88%4.43%
5 to 9 Units2,556, 10.94%, see rank4.71%4.78%
10 or More Units8,889, 38.04%, see rank8.19%13.08%
Mobile Home, Boat, RV, Van, etc.1,094, 4.68%, see rank16.97%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Myrtle Beach, SCSouth CarolinaU.S.
Total Housing Units23,369, 100%2,160,383132,741,033
1 Room2,531, 10.83%, see rank1.39%1.95%
2 Rooms1,114, 4.77%, see rank1.26%2.48%
3 Rooms3,170, 13.56%, see rank6.09%9.13%
4 Rooms7,485, 32.03%, see rank16.98%16.60%
5 Rooms3,981, 17.04%, see rank23.67%20.41%
6 Rooms2,257, 9.66%, see rank19.72%18.06%
7 Rooms1,268, 5.43%, see rank13.10%12.27%
8 Rooms763, 3.27%, see rank8.38%8.48%
9 Rooms or More800, 3.42%, see rank9.40%10.60%
Median Rooms4.20, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Myrtle Beach, SCSouth CarolinaU.S.
Total Housing Units23,369, 100%2,160,383132,741,033
No Bedroom2,531, 10.83%, see rank1.46%2.17%
1 Bedroom2,929, 12.53%, see rank5.67%11.16%
2 Bedrooms9,382, 40.15%, see rank25.61%26.69%
3 Bedrooms6,356, 27.20%, see rank48.91%39.70%
4 Bedrooms1,652, 7.07%, see rank14.98%16.05%
5 or More Bedrooms519, 2.22%, see rank3.36%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Myrtle Beach, SCSouth CarolinaU.S.
Total Housing Units12,222, 100%1,795,715116,211,092
Utility Gas822, 6.73%, see rank23.19%48.85%
Bottled, Tank, or LP Gas133, 1.09%, see rank4.45%4.86%
Electricity11,206, 91.69%, see rank69.42%36.68%
Fuel Oil, Kerosene, etc.7, 0.06%, see rank1.31%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood15, 0.12%, see rank1.13%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel9, 0.07%, see rank0.11%0.47%
No Fuel Used30, 0.25%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMyrtle Beach, SCSouth CarolinaU.S.
Occupied Units Paying Rent5,769, 100%508,63639,201,928
$199 or Less30, 0.52%, see rank1.64%1.50%
$200 to $299149, 2.58%, see rank3.64%3.18%
$300 to $499284, 4.92%, see rank9.95%7.37%
$500 to $6991,127, 19.54%, see rank23.11%16.01%
$700 to $9992,872, 49.78%, see rank35.98%29.17%
$1,000 to $1,4991,017, 17.63%, see rank19.71%26.88%
$1,500 to $1,999214, 3.71%, see rank4.01%9.79%
$2,000 or More76, 1.32%, see rank1.97%6.10%
Median$822, see rank$784$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Myrtle Beach, SCSouth CarolinaU.S.
Occupied Housing Units12,222, 100%1,795,715116,211,092
No Vehicles Available1,280, 10.47%, see rank7.05%9.12%
1 Vehicles Available5,600, 45.82%, see rank33.91%33.80%
2 Vehicles Available4,255, 34.81%, see rank38.53%37.48%
3 or More Vehicles Available1,087, 8.89%, see rank20.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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