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Myrtle Beach is a coastal resort city in South Carolina, and was the 13th fastest-growing metropolitan area according to the 2000 census. Since the late 20th century, Myrtle Beach has distinguished itself as a major tourist destination during all seasons, and hosts over 14.6 million visitors annually. Myrtle Beach’s beautiful beaches and vast array of golf courses attract a sufficient numbers of tourists to support the city’s nearly 500 hotels, most of which are located on beachfront property. This strong tourism presence is the main contributor to Myrtle Beach’s economy, as it brings in billions of dollars per year and supports the area’s hotels, resorts, restaurants, attractions, and retail outlets. Though property values have depreciated 27.8% over the last 5 years in Myrtle Beach, the market appears to be leveling off, as average listing prices are beginning to increase again. The median sales price for Myrtle Beach homes is about $115,500. Start browsing Myrtle Beach properties in our extensive inventory at Houses.com!
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