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Is Nichols, SC 29581 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Nichols is a buyer’s market. With about 12 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market223Listing to accepted offer
Median price per sq ft$172▲ +28.3% vs. last year

The Nichols housing market right now

In the three months ending August 31, 2026, 25% of homes in Nichols, SC 29581 sold above their list price, the typical home went under contract in 223 days and there were 12 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (203 days then) and the median sale price rose 32% to $309,366. Overall, Nichols is more competitive than a year ago, so tougher for buyers.

Within Horry County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Green Sea 29545 (0% sold over asking) or Myrtle Beach 29577 (3% sold over asking).

Run the numbers for 29581

Prefilled for 29581Can I win this house?Multiple-offer likelihood for a listing Prefilled for 29581Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aynor 29511Seller’s market $200 /sq ftConway 29526Seller’s market $177 /sq ftConway 29527Seller’s market $175 /sq ftGalivants Ferry 29544Seller’s market $173 /sq ft Browse all markets →

Towns like Nichols nearby

Find towns like Nichols in other states →
Bladenboro, NC28320 · 31 miles away87% similarlarger Lumberton, NC28360 · 30 miles away83% similarlarger · 6 min shorter commute Hemingway, SC29554 · 38 miles away81% similarpricier homes ($68K more) · larger Hallsboro, NC28442 · 32 miles away80% similarsmaller · 8 min shorter commute

Where Nichols is

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Questions about Nichols real estate

Is Nichols a buyer’s or seller’s market?

A buyer’s market: there were 12 months of supply in Nichols, SC 29581 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Nichols?

The typical home went under contract in 223 days in the latest three months.

Do homes in Nichols sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Nichols?

About 0.33% of a home’s value a year in Horry County, or roughly $1,320 on a $400,000 home.

What is the median home price in Nichols?

The median sale price was $309,366 in the three months ending August 31, 2026, about $172 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology