Is Horry County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horry County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Horry County was a Seller's Market.

Key Takeaway

Horry County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Horry County, SC

How much do homes in Horry County, SC cost?

Median Sold Price

$325,070

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,590(+2.1%)

Key Takeaway

Homes in Horry County have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Horry County was $325,070 in April 2024, up 2.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $178K$180K
+1.1%
2 $240K$245.4K
+2.3%
3 $324.9K$331.2K
+1.9%
4 $464.7K$462.7K
-0.4%
5+ $600K$577.9K
-3.7%

Summary: Horry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Counties

Georgetown County
+21.3%
Columbus County
+8.5%
Horry County
+2.1%
Marion County
-13.8%

Housing Supply in Horry County, SC

How many homes are available in Horry County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5,4515,752+5.5%

Summary: The Horry County real estate market had 5,752 homes for sale in April 2024, a 5.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 541551
+1.8%
2 1,3331,404
+5.3%
3 2,3542,514
+6.8%
4 879927
+5.5%
5+ 344356
+3.5%

Summary: The Horry County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 3.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
835895+7.2%

Asking Price vs. Sold Price

683 Homes Were Sold
Under Asking

158 Homes Were Sold
At Asking

54 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Horry County, you may be able to get a good deal. 76.3% of homes here sold below asking price last month.

Summary: A total of 895 homes were sold or pending in Horry County in April 2024, up by 7.2% month-over-month. Of the 895 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% 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

Apr 2023Apr 2024CHANGE
107 Days107 Days0.5%

Summary: Homes in Horry County had an average of 107 days on market in Apr 2024, up by 0.5% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

440 Homes Were Sold
In 30 - 90 Days

413 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Horry County has remained consistent over time.

Summary: During April 2024, 895 homes were sold in Horry County; 4% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Horry County, SC

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