Horry County Housing Market Report December 2024•Horry County, South Carolina

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Housing Prices in Horry County, SC

How much do homes in Horry County, SC cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Horry County is a Buyer's Market

Difference Since December 2023

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$329,688$212/SqFt
+$8,432
+2.6%

Based on all homes sold in the last 12 months

Insight

Homes in Horry County have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Horry County was $329,688 in December 2024, up 2.6% from last year, and the median price per square foot was $212.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Columbus County
+11.1%
Georgetown County
+7.1%
Horry County
+2.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$178.8K$173K
-3.3%
2$244.1K$244.8K
0.3%
3$326.7K$331K
+1.3%
4$468.8K$467.2K
-0.3%
5$574.4K$659.5K
+14.8%

Summary: Horry County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -3.3%. The home price for 2 bedroom homes increased by 0.3%. The home price for 3 bedroom homes increased by +1.3%. The home price for 4 bedroom homes decreased by -0.3%. The home price for 5 bedroom homes increased by +14.8%.

Housing supply in Horry County, SC

How many homes are available in Horry County, SC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
5,281Last MonthDec 2024
5,4212 months agoNov 2024
-2.6 %
Change MoMNov – Dec

Summary: The Horry County real estate market had 5,281 homes for sale in Dec 2024, a 2.6 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
709Last MonthDec 2024
7042 months agoNov 2024
+0.7 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
1524552
+5.3%
21,2651,263
-0.2%
32,3402,219
-5.2%
4937903
-3.6%
5355344
-3.1%

Summary: Horry County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +5.3%. The inventory for 2 bedroom homes decreased by -0.2%. The inventory for 3 bedroom homes decreased by -5.2%. The inventory for 4 bedroom homes decreased by -3.6%. The inventory for 5 bedroom homes decreased by -3.1%.

Asking Price vs. Sold Price

How much do homes in Horry County, SC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price32 Homes

At Asking Price131 Homes

Under Asking Price546 Homes

Insight

If you're buying a home in Horry County, you may be able to get a good deal. 77% of homes here sold below asking price last month.

Summary: A total of 709 homes were sold or pending in Horry County in December 2024, up by 0.7% month-over-month. Of the 709 sold homes, 77% were sold under asking, 18% were sold at asking, and and 5% were sold over asking.

Days on Market for Horry County, SC

How long does it take to sell a home in Horry County, SC?

Breakdown of Home Sale Times

Under 30 Days30 Homes

30 – 90 Days299 Homes

Over 90 Days378 Homes

Insight

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

Summary: During December 2024, 709 homes were sold in Horry County; 4% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
121 DaysThis YearDec 2024
107 Days1 year agoDec 2023
+13.1 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Horry County had an average listing age of 121 days in Dec 2024, up by 13.1% compared to the previous year.

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Newest Listings in Horry County, SC

What homes are available in Horry County, SC?

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Nearby markets

Popular Cities with Homes for Sale in South Carolina

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Last updated on: 1/17/2025, 10:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 1/17/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.