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Somerset Home Values and Market Report

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Market at a glance

Over the last 12 months, homes sold for 99.1% of list price in 123 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $364K Sold · $362K
$580K$490K$400K$310K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 11 sales in Sep. Last month: 11.

Where the market stands

All homes in this report, by status.

100homes
Active25 · 25%
Under contract12 · 12%
Sold (12 mo)63 · 63%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$404K
Under contract$349K
Sold$374K

Average days on market

Active171 days
Under contract53 days
Sold123 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 25
Average list price $403,565
Avg. days on market 171 days
Avg. price per ft² $190
Avg. living area 2,130 ft²
Avg. beds / baths 3.6 / 2.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 25 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

5041 Jockey Way$240
5016 Jockey Way$235
2163 Heather Ln$234
5024 Jockey Way$225
102 Beach House Way$225
5045 Jockey Way$224
5036 Jockey Way$213

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2163 Heather LnBogart, GA 30622 544,795$1,125,000$23493 days
5028 Jockey WayMyrtle Beach, SC 29588 542,571$474,189$18423 days
5041 Jockey WayMyrtle Beach, SC 29588 321,834$440,229$24044 days
5036 Jockey WayMyrtle Beach, SC 29588 332,049$438,109$21323 days
5045 Jockey WayMyrtle Beach, SC 29588 321,934$434,166$22484 days
5048 Jockey WayMyrtle Beach, SC 29588 432,160$415,435$192122 days
8627 Farrier Dr.Myrtle Beach, SC 29588 532,571$414,990$161506 days
8627 Farrier Dr.Myrtle Beach, SC 29588 332,336$403,490$172610 days
6012 Harness Ct.Myrtle Beach, SC 29588 532,571$399,900$155167 days
8627 Farrier Dr.Myrtle Beach, SC 29588 332,067$382,490$185601 days
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