Is Horry County, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$325,070
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $180K | +1.1% |
2 Bedrooms | $240K | $245.4K | +2.3% |
3 Bedrooms | $324.9K | $331.2K | +1.9% |
4 Bedrooms | $464.7K | $462.7K | -0.4% |
5+ Bedrooms | $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 | $369.7K | $448.6K | +21.3% |
Columbus County | $199.9K | $216.8K | +8.5% |
Horry County | $318.4K | $325K | +2.1% |
Marion County | $151.9K | $130.9K | -13.8% |
Housing Supply in Horry County, SC
How many homes are available in Horry County, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5,451 | 5,752 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 541 | 551 | +1.8% |
2 Bedrooms | 1,333 | 1,404 | +5.3% |
3 Bedrooms | 2,354 | 2,514 | +6.8% |
4 Bedrooms | 879 | 927 | +5.5% |
5+ Bedrooms | 344 | 356 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
835 | 895 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
107 Days | 107 Days | 0.5% |
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
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.