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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Horry County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Horry County, SC

How much do homes in Horry County, SC cost?

Median Sold Price

$325,992

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,435(+1.7%)

Key Takeaway

Homes in Horry County have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Horry County was $325,992 in October 2024, up 1.7% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $178.1K$174.9K
-1.8%
2 $244.9K$244.9K
0%
3 $328K$330.3K
+0.7%
4 $465.2K$468.6K
+0.7%
5+ $580.2K$636.5K
+9.7%

Summary: Horry County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 9.7%.

Median Sold Price Compared To Nearby Counties

Marion County
+33.1%
Columbus County
+10.7%
Georgetown County
+9.1%
Horry County
+1.7%

Housing Supply in Horry County, SC

How many homes are available in Horry County, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5,7775,935+2.7%

Summary: The Horry County real estate market had 5,935 homes for sale in October 2024, a 2.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 600621
+3.5%
2 1,3631,402
+2.9%
3 2,4552,541
+3.5%
4 963974
+1.1%
5+ 396397
0.3%

Summary: The Horry County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 0.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
818787-3.8%

Asking Price vs. Sold Price

590 Homes Were Sold
Under Asking

163 Homes Were Sold
At Asking

34 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. 75% of homes here sold below asking price last month.

Summary: A total of 787 homes were sold or pending in Horry County in October 2024, down by 3.8% month-over-month. Of the 787 sold homes, 75% were sold under asking, 21% were sold at asking, and 4% 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

Oct 2023Oct 2024CHANGE
103 Days116 Days+12.8%

Summary: Homes in Horry County had an average of 116 days on market in Oct 2024, up by 12.8% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

352 Homes Were Sold
In 30 - 90 Days

398 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Horry County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 787 homes were sold in Horry County; 4% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 51% 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 20 Days Ago

Newest Listings in Horry County, SC

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