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Covenant Towers Home Values and Market Report

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Report prepared by Myrtlebeachgolfproperties.com RE/MAX Southern Shores

Market at a glance

Over the last 12 months, homes sold for 89.8% of list price in 72 days on average.

Average price, last 12 months

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

List · $18K Sold · $18K
$73K$50K$27K$4K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Nov. Last month: 2.

Where the market stands

All homes in this report, by status.

39homes
Active10 · 26%
Under contract1 · 3%
Sold (12 mo)28 · 72%

Buyer's or seller's market?

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

5.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$50K
Under contract$49K
Sold$40K

Average days on market

Active85 days
Under contract198 days
Sold72 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 10
Average list price $49,590
Avg. days on market 85 days
Avg. price per ft² $57
Avg. living area 843 ft²
Avg. beds / baths 1.4 / 1.7

Price vs. living area

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

$90K$60K$30K$0

Price vs. living area: 10 homes plotted, up to $90K and 1,500 ft².

0 ft²5001,0001,500 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.

5001 Little River Unit E409$84
5001 Little River Rd. Unit W-511$73
5001 Little River Rd. Unit E-108$73
5001 Little River Rd. Unit WEST-302$60
5001 Little River Rd. Unit E-309$56
5001 Little River Rd. Unit E-514$56
5001 Little River Rd. Unit W307$53

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5001 Little River Rd. Unit W504Myrtle Beach, SC 29577 11700$34,000$484 days
5001 Little River Rd. Unit E-415Myrtle Beach, SC 29577 11700$34,000$4810 days
5001 Little River Rd. Unit E-309Myrtle Beach, SC 29577 12880$49,500$5660 days
5001 Little River Rd. Unit W-511Myrtle Beach, SC 29577 12880$64,900$7372 days
5001 Little River Rd. Unit W307Myrtle Beach, SC 29577 11667$36,000$5379 days
5001 Little River Unit E409Myrtle Beach, SC 29577 22851$72,000$8484 days
5001 Little River Rd. Unit W-211Myrtle Beach, SC 29577 12880$25,000$28119 days
5001 Little River Rd. Unit WEST-302Myrtle Beach, SC 29577 221,000$60,000$60118 days
5001 Little River Rd. Unit E-108Myrtle Beach, SC 29577 22880$64,500$73133 days
5001 Little River Rd. Unit E-514Myrtle Beach, SC 29577 221,000$56,000$56172 days
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Questions about this market?

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Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.