The story of this market
The typical home in ZIP 29588 sells for about $345,000, or $198 per square foot.
Prices are roughly flat from a year ago (-0.72%), a market in balance. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,282 a month.
ZIP 29588 — Myrtle Beach
The 29588 housing market shows signs of stabilization with a median price of $345,000 and a modest year-over-year decline. Demand remains steady, supported by consistent population growth in the Myrtle Beach area, though higher interest rates have tempered the rapid appreciation seen in previous years.
This ZIP is well-suited for families and commuters seeking a balance between suburban living and proximity to the Myrtle Beach resort area, offering more affordable housing options than the immediate beachfront.
Median prices moved down 0.7% year over year.
Homes spend a median of 58 days on market with 3.6 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.7% · poverty 9.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 29588, Horry County SC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Socastee and Forestbrook areas of 29588 are generally consistent with broader Horry County trends, though property crime remains a primary focus for local law enforcement.
The area is served by Horry County Schools, featuring a mix of suburban middle and high schools like Socastee High and St. James Middle that generally meet state performance benchmarks.
The region faces significant hurricane and tropical storm risks due to its coastal proximity, necessitating flood insurance for many properties in low-lying zones.
Economic momentum is driven by the tourism-heavy Myrtle Beach economy, with ongoing residential expansion in the Socastee and Forestbrook corridors.
Property taxes are assessed by Horry County based on fair market value, with owner-occupied primary residences eligible for a lower assessment ratio compared to non-owner-occupied or commercial properties.
Residents primarily rely on personal vehicles for commutes, with major access via US-501 and SC-544 providing connections to the Myrtle Beach employment core.
The area offers proximity to the Intracoastal Waterway, several local golf courses, and suburban parks, with major retail and dining hubs located along the Highway 544 and 501 corridors.
The rental market is robust, supported by a mix of long-term residents and seasonal workers, with vacancy pressure remaining low due to consistent demand for housing near the coast.
The economy is heavily anchored by the tourism, hospitality, and retail sectors, with significant employment provided by the Myrtle Beach resort industry and local government services.
Transportation is dominated by private vehicle use, with major arterial roads like US-501 and SC-544 serving as the primary corridors for regional connectivity.
Development is focused on suburban residential expansion and commercial infill along major highway corridors to accommodate population growth.
The Horry County Assessor manages property valuations, with reassessment cycles occurring periodically to reflect market value changes.
Parcels are subject to Horry County School District taxes and various municipal or special service district levies for fire and emergency services.
Property insurance premiums are elevated due to the area's high exposure to wind and flood hazards, with many properties requiring specialized coverage.
South Carolina continues to see strong net domestic migration, with Horry County being a primary destination for retirees and remote workers.
South Carolina is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for completion.
Sellers are required to provide a residential property condition disclosure statement to buyers, detailing known material defects.
Data retrieved from US Census Bureau ZCTA 29588 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Lakewood Camping Resort4.35.2 mi
- WonderWorks Myrtle Beach4.58.9 mi
- Topgolf Myrtle Beach4.49.5 mi
- Sun Outdoors Myrtle Beach4.416 mi
- Family Kingdom Amusement Park4.38.1 mi
- Myrtle Beach Convention Center4.59.3 mi
- Topgolf Myrtle Beach4.49.5 mi
- Sun Outdoors Myrtle Beach4.416 mi
- Medieval Times Dinner & Tournament4.76.2 mi
- Pirates Voyage Dinner & Show4.714.2 mi
- Broadway at the Beach4.69 mi
- Ripley's Aquarium of Myrtle Beach4.59.2 mi
- Brookgreen Gardens4.810.4 mi
- Myrtle Beach State Park4.76 mi
- SkyWheel Myrtle Beach4.68.9 mi
- Brookgreen Gardens4.810.4 mi
- Huntington Beach State Park4.811.2 mi
- The Original Benjamin's Calabash Seafood4.315.3 mi
- Hollywood Wax Museum4.68.5 mi
- Atalaya Castle4.612.2 mi
- Brookgreen Gardens4.810.4 mi
- Myrtle Beach State Park4.76 mi
- Huntington Beach State Park4.811.2 mi
- Conway Riverwalk4.811 mi
- Myrtle Beach State Park Pier4.86.1 mi
- Crazy Sister Marina4.78.3 mi
- Wacca Wache Marina4.68.4 mi
- Bucksport Marina4.44.1 mi
- Osprey Marina4.80.8 mi
- Marlin Quay Marina4.78.5 mi
- Topgolf Myrtle Beach4.49.5 mi
- Legends Golf & Resort4.35 mi
- Myrtlewood Golf Club4.210.1 mi
- TPC Myrtle Beach4.46.5 mi
- Arrowhead Country Club4.65.1 mi
- Broadway at the Beach4.69 mi
- Tanger Outlets Myrtle Beach Hwy 5014.56.7 mi
- Coastal Grand Mall4.46.4 mi
- The Market Common - Myrtle Beach4.75.2 mi
- T.J. Maxx4.48.2 mi
- Myrtle Beach International Airport4.55.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational space and access to local trails.
A major regional golf destination located within the vicinity.
Key natural feature providing boating and fishing access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.