Is Horry County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Horry County was a Seller's Market.
Housing Prices in Horry County, SC
How much do homes in Horry County, SC cost?
Median Sold Price
$324,507
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Horry County was $324,507 in March 2024, up 2.4% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.8K | $180K | +1.2% |
2 Bedrooms | $239.9K | $245K | +2.1% |
3 Bedrooms | $324.9K | $329.9K | +1.5% |
4 Bedrooms | $464.7K | $466K | 0.3% |
5+ Bedrooms | $596.1K | $602.4K | +1.1% |
Summary: Horry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Counties
Georgetown County | $361K | $448.4K | +24.2% |
Columbus County | $199.9K | $212K | +6.0% |
Horry County | $316.8K | $324.5K | +2.4% |
Housing Supply in Horry County, SC
How many homes are available in Horry County, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5,060 | 5,455 | +7.8% |
Summary: The Horry County real estate market had 5,455 homes for sale in March 2024, a 7.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 495 | 540 | +9.1% |
2 Bedrooms | 1,228 | 1,341 | +9.2% |
3 Bedrooms | 2,171 | 2,361 | +8.8% |
4 Bedrooms | 831 | 866 | +4.2% |
5+ Bedrooms | 335 | 347 | +3.6% |
Summary: The Horry County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
733 | 782 | +6.7% |
Asking Price vs. Sold Price
566 Homes Were Sold
Under Asking
153 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Summary: A total of 782 homes were sold or pending in Horry County in March 2024, up by 6.7% month-over-month. Of the 782 sold homes, 72% were sold under asking, 20% were sold at asking, and 8% were sold over asking.
Days on Market for Horry County, SC
How long does it take to sell a home in Horry County, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
105 Days | 115 Days | +9.9% |
Summary: Homes in Horry County had an average of 115 days on market in Mar 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
335 Homes Were Sold
In 30 - 90 Days
403 Homes Were Sold
Over 90 Days
Summary: During March 2024, 782 homes were sold in Horry County; 5% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.