Is Surfside Beach, 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, Surfside Beach was a Seller's Market.
Housing Prices in Surfside Beach, SC
How much do homes in Surfside Beach, SC cost?
Median Sold Price
$525,000
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Surfside Beach was $525,000 in April 2024, up 14.8% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $234.9K | +6.8% |
2 Bedrooms | $275.1K | $332.5K | +20.9% |
3 Bedrooms | $425K | $463K | +8.9% |
4 Bedrooms | $615K | $675K | +9.8% |
5+ Bedrooms | $1.0M | $1.1M | +9.4% |
Summary: Surfside Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
Surfside Beach | $457.5K | $525K | +14.8% |
Murrells Inlet | $369.8K | $379.7K | +2.7% |
Housing Supply in Surfside Beach, SC
How many homes are available in Surfside Beach, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 95 | +14.5% |
Summary: The Surfside Beach real estate market had 95 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 25 | 32 | +28.0% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Surfside Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 3.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Surfside Beach in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 87% were sold under asking, 7% were sold at asking, and 7% were sold over asking.
Days on Market for Surfside Beach, SC
How long does it take to sell a home in Surfside Beach, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
105 Days | 89 Days | -15.4% |
Summary: Homes in Surfside Beach had an average of 89 days on market in Apr 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Surfside Beach; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.