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Myrtle Beach, SC
Local Guidance
Myrtle Beach is a dynamic coastal city at the heart of the Grand Strand, combining classic oceanfront tourism with a growing year-round residential base. Known for its high-rise beachfront condos, golf-course communities, and a wide range of single-family neighborhoods, it attracts full-time residents, second-home buyers, and short-term rental investors alike. Recent market data shows a cooling but still active market, with rising inventory, more selective buyers, and continued demand for well-located properties near the beach, golf, and entertainment corridors.
- Expect strong interest in oceanfront, resort, and short-term–rental-friendly properties, especially from investors and second-home buyers
- Condo inventory has increased and days on market are longer than in recent years — buyers have more options, but standout buildings and locations still generate solid activity
- HOA/POA and resort rules (particularly around short-term rentals and amenities) vary widely by building and community — review these details early in the process
- Well-priced homes and condos in desirable locations continue to sell, especially when updated, turnkey, or positioned for strong rental performance
Tap/Click the image to see the most recently listed homes in Myrtle Beach.
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🏖 Myrtle Beach Real Estate Market Summary
Your Snapshot of the Local Market — Powered by Joe Foster, REALTOR®
Whether you're buying, selling, investing, or just staying informed, this market summary brings you the latest insights on property activity and pricing across Myrtle Beach, SC.
📊 Market Overview
- The market is active and balanced, offering opportunities for both buyers and sellers.
- Inventory levels remain steady, with healthy competition across new listings and pending sales.
- The average time on market reflects moderate activity — homes are selling, but not rushed.
- Pricing trends are stable with slight fluctuations — a sign of a healthy, responsive market.
🏠 Property Activity at a Glance
Over the past 3 months:
- New Listings: A wide range of homes and condos entered the market — from budget-friendly to luxury.
- Pending Sales: Several homes went under contract, indicating ongoing buyer interest.
- Closed Sales: Recent transactions reflect realistic selling conditions with solid list-to-sale price ratios.
- Distressed Properties: Some foreclosure and pre-foreclosure listings are present — great for investors or value-seekers.
- Leases: The rental market is active, with a diverse selection of available and recently closed lease options.
💡 Key Market Trends
- Property values have shown consistent growth over the past year, despite short-term shifts.
- List vs. Sold Prices remain closely aligned, showing a well-informed market with reasonable negotiation margins.
- Sales Volume is robust, with activity across all property types — from compact condos to large family homes.
📍 Local Expertise You Can Trust
Joe Foster and the CENTURY 21 team provide real-time insights and expert guidance, backed by data from the REALTORS® Property Resource. Whether you're making your next move or exploring your options, we're here to help.
👋 Get in Touch Today
Joe Foster
📞 (843) 874-5389
📧 mail@joefosterjr.com
https://scheduler.zoom.us/joe-foster--myrtle-beach/chat-with-joe