Myrtle Beach, SC Real Estate
According to census data in the year 2000 there were 14,608 housing units in Myrtle Beach.
This represents a 9.6% growth from 13,327 in 1990.
Of those housing units, 14,588 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.
Homeownership rate in Myrtle Beach is about 52.1%.
Myrtle Beach's vacancy rate, including seasonal lodging, is about 28.9%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Myrtle Beach were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 13.70% |
| Two Bedrooms | 47.60% |
| Three Bedrooms | 29.50% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $135,400 |
| Median Price asked for vacant units | $115,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $576 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 10% |
| Simple Mortgage | 42.80% |
| Debt Free | 39.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
