US5.com
  1. Home
  2. States
  3. South Carolina
  4. ZIP 29582
  5. Housing & Real Estate
North Myrtle Beach city, SC

ZIP 29582 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29582

Median Home Value
$370,700
Median Rent
$1,089
Affordability Snapshot
$102,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,381/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

28.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29582 in North Myrtle Beach city, SC, a household would need roughly $102,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,381. That is about 44% above the local median household income ($71,030), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 64% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.1%+24% vs US avg
x
Vacancy Rate
64.3%+524% vs US avg
x
Broadband Access
93.5%+7% vs US avg
x
4+ Bedrooms
4.3%-71% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
49.8%+30% vs US avg
x
$370,700
Home Value
$1,089
Rent
1996
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached36.9%
  • 1-unit attached3.2%
  • 2-9 units11.6%
  • 10+ units43.7%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$370,700
Median rent$1,089
Owner-occupied81.1%
Vacant64.3%
Price-to-income5.2x
Est. income to buy$102,000