How fast can I sell my house in Myrtle Beach?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents South Carolina requires are done.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

Is now a good time to sell my house in Myrtle Beach?

It depends more on your plans than on the market. The right time is usually when a sale fits your next move, your finances and the state of the house.

The Myrtle Beach numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

More in How Do I Know When It’s Time to Sell My House?

What are the benefits of selling my Myrtle Beach house off-market?

You skip the listing, the showings and the repairs, and you set the date.

  • No public listing. No MLS listing, no listing photos and no open house.
  • The house as it stands. No repairs, no staging and no deep clean before closing.
  • Your date. Close in a few weeks or a few months, whichever suits your next move.
  • One counterpart. You deal with one buyer, not a run of showings and counteroffers.

What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.

Should I sell my Myrtle Beach house as-is or fix it up first?

Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.

Older homes are the norm in Myrtle Beach. In our sample, three of three homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there also sell at a wider discount to new construction than the South Carolina median, 17.1 percent against 19.7 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What does it cost to sell a house in Myrtle Beach?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Myrtle Beach house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

Do I need an agent to sell my house in Myrtle Beach?

No. You can sell without a listing agent, by marketing the house yourself or by selling directly to a buyer. You will usually need a title company, escrow company or closing attorney, depending on practice in South Carolina.

Many owners who skip the agent still hire a real estate attorney to review the contract.

How does Myrtle Beach compare with nearby neighborhoods?

Myrtle Beach, 5 miles away, has one older home among the two we sampled. Myrtle Beach, 10 miles away, counts three older homes among the three we sampled. North Myrtle Beach, 19 miles away, shows three older homes among the four we sampled. Myrtle Beach ranks tied for 378th nationally for older homes, behind one of them.

Every neighborhood in the index has its own page, and the South Carolina page lists all 33 in the state.

Do older homes in Myrtle Beach sell for less than new construction?

In our sample, yes. The average price of older homes in 29579 was 17.1 percent of the average price of new construction in the same ZIP code. The South Carolina median is 19.7 percent, and the index median is 23.1 percent. With three older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Myrtle Beach by the numbers

Older homes
3
of 3 homes sampled, built 1980 or earlier
Share of older homes
100.0%
South Carolina 53.4%. Index 49.0%.
Older vs new
17.1%
Older home price as a share of new construction
National rank
#378 (tie)
of 1,192 ZIP codes
State rank
#13
of 33 in South Carolina
Minimum lot
20,473 sq ft
As recorded in the source data

All three homes in the Address District sample for Myrtle Beach (29579) were built in 1980 or earlier. That places 29579 tied for 378th of 1,192 ZIP codes nationally for the number of older homes, and tied for 13th of 33 in South Carolina.

Across the 33 South Carolina ZIP codes in the index, 53.4 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With three homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 29579 compares

Share of older homes

Homes in the sample built in 1980 or earlier

29579 Myrtle Beach100.0%
South Carolina53.4%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

29579 Myrtle Beach17.1%
South Carolina median19.7%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
29577Myrtle BeachHorry County, SC5 mi76250.0%
29572Myrtle BeachHorry County, SC10 mi378100.0%
29582North Myrtle BeachHorry County, SC19 mi35775.0%
29440GeorgetownGeorgetown County, SC29 mi223100.0%
28469Ocean Isle BeachBrunswick County, NC33 mi35775.0%
28462Holden BeachBrunswick County, NC44 mi35775.0%
28465Oak IslandBrunswick County, NC50 mi67620.0%
28461Bald Head IslandBrunswick County, NC56 mi10561.5%

The top of South Carolina

State rankZIPPlaceHomesOlder homesShare
129910BlufftonBeaufort County, SC493265.3%
229464Mount PleasantCharleston County, SC371848.6%
329455Johns IslandCharleston County, SC271244.4%
429928Hilton Head IslandBeaufort County, SC171058.8%
529492Daniel IslandCharleston, SC17635.3%
629909OkatieBeaufort County, SC8675.0%
729440GeorgetownGeorgetown County, SC55100.0%
829676SalemOconee County, SC44100.0%
929466Mt PleasantCharleston County, SC26311.5%
1029682Six MilePickens County, SC6350.0%

All 33 South Carolina ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.