Cities with the most expensive homes in Myrtle Beach metro area
Cities with the most expensive homes in Myrtle Beach metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of April 4, 2023, the 30-year fixed mortgage rate sits at 6.3%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by 4.4% to $328,604.
Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.
Stacker compiled a list of cities with the most expensive homes in Myrtle Beach using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of February 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. Data was available for 31 cities and towns in Myrtle Beach. Charts for each city show the monthly typical home value since January 2018.
#30. Green Sea, SC
- Typical home value: $203,138
- 1-year price change: +8.2%
- 5-year price change: +77.9%
#29. Navassa, NC
- Typical home value: $225,746
- 1-year price change: +13.0%
- 5-year price change: +78.3%
#28. Loris, SC
- Typical home value: $236,049
- 1-year price change: +12.8%
- 5-year price change: +83.0%
#27. Calabash, NC
- Typical home value: $268,250
- 1-year price change: +9.8%
- 5-year price change: +73.2%
#26. Aynor, SC
- Typical home value: $270,835
- 1-year price change: +10.7%
- 5-year price change: +85.2%
#25. Varnamtown, NC
- Typical home value: $273,034
- 1-year price change: +13.3%
- 5-year price change: +83.3%
#24. Galivants Ferry, SC
- Typical home value: $273,484
- 1-year price change: +13.0%
- 5-year price change: +99.8%
#23. Conway, SC
- Typical home value: $274,439
- 1-year price change: +12.7%
- 5-year price change: +74.5%
#22. Longs, SC
- Typical home value: $280,753
- 1-year price change: +11.9%
- 5-year price change: +70.9%
#21. Ash, NC
- Typical home value: $282,085
- 1-year price change: +15.6%
- 5-year price change: +67.3%
#20. Atlantic Beach, SC
- Typical home value: $292,483
- 1-year price change: +0.6%
- 5-year price change: +56.8%
#19. Little River, SC
- Typical home value: $295,738
- 1-year price change: +10.9%
- 5-year price change: +75.7%
#18. Myrtle Beach, SC
- Typical home value: $297,988
- 1-year price change: +12.2%
- 5-year price change: +71.2%
#17. Boiling Spring Lakes, NC
- Typical home value: $299,893
- 1-year price change: +8.7%
- 5-year price change: +65.9%
#16. Shallotte, NC
- Typical home value: $304,105
- 1-year price change: +12.8%
- 5-year price change: +69.4%
#15. Belville, NC
- Typical home value: $308,619
- 1-year price change: +8.8%
- 5-year price change: +61.6%
#14. Carolina Shores, NC
- Typical home value: $316,837
- 1-year price change: +7.7%
- 5-year price change: +55.2%
#13. Winnabow, NC
- Typical home value: $325,046
- 1-year price change: +27.6%
- 5-year price change: +95.7%
#12. Leland, NC
- Typical home value: $373,557
- 1-year price change: +10.3%
- 5-year price change: +59.2%
#11. Southport, NC
- Typical home value: $373,720
- 1-year price change: +8.5%
- 5-year price change: +65.5%
#10. North Myrtle Beach, SC
- Typical home value: $385,868
- 1-year price change: +11.6%
- 5-year price change: +79.3%
#9. Sunset Beach, NC
- Typical home value: $415,713
- 1-year price change: +10.3%
- 5-year price change: +63.2%
#8. Surfside Beach, SC
- Typical home value: $446,345
- 1-year price change: +8.5%
- 5-year price change: +67.6%
#7. Oak Island, NC
- Typical home value: $494,392
- 1-year price change: +12.9%
- 5-year price change: +97.6%
#6. Ocean Isle Beach, NC
- Typical home value: $559,488
- 1-year price change: +10.8%
- 5-year price change: +67.2%
#5. Caswell Beach, NC
- Typical home value: $571,312
- 1-year price change: +9.9%
- 5-year price change: +59.7%
#4. Saint James, NC
- Typical home value: $663,411
- 1-year price change: +10.8%
- 5-year price change: +60.6%
#3. Briarcliffe Acres, SC
- Typical home value: $764,272
- 1-year price change: +4.1%
- 5-year price change: +69.0%
#2. Holden Beach, NC
- Typical home value: $776,354
- 1-year price change: +10.2%
- 5-year price change: +76.4%
#1. Bald Head Island, NC
- Typical home value: $1,131,860
- 1-year price change: +8.6%
- 5-year price change: +75.3%
