Myrtle Beach, SC

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🏡 Myrtle Beach Real Estate Market Snapshot
Grand Strand Core | Oceanfront + Inland Neighborhoods | May 2026
Prepared by Joe Foster, REALTOR®

Myrtle Beach remains the center of the Grand Strand market, with everything from oceanfront condos and resort-style properties to inland neighborhoods, golf-course communities, townhomes, and select manufactured housing areas.

📍 Market Overview
Based on the May 2026 Grand Strand Market Analysis Report, Myrtle Beach looks buyer-leaning overall, especially compared with tighter inland markets. Inventory is elevated, buyers have more choices, and sellers need stronger pricing and presentation.

The median sold price was $317,500, while homes sold at about 96.8% of list price. Months of inventory reached 7.26, which gives buyers more room to compare options and negotiate.

📊 Key Takeaways — At a Glance

Home prices: Median sold price was $317,500.
Inventory: 7.26 months of supply, up 22.2% month over month.
Buyer behavior: Homes sold at about 96.8% of list price, so negotiation is common.
Market pace: Sold homes had a median of 47 days in RPR. Active listings showed a median of 81 days in RPR.
Active listings: There were 3,007 active listings at month-end.
New listings: 880 new listings came on the market in May.

In plain terms:
➡️ Buyers have real choices
➡️ Sellers still can sell, but pricing has to be sharp
➡️ Condos and townhomes may feel softer than well-positioned single-family homes
➡️ HOA dues, insurance, rental rules, and total monthly cost matter a lot

💡 What This Means for You

Thinking of selling?
Myrtle Beach can still support a sale, but this is not a market where every listing gets a free pass. Buyers are comparing price, condition, fees, insurance, location, rental rules, and total monthly payment. A clean, well-priced property stands out. An overpriced one can sit.

Thinking of buying?
This is a market where patience and due diligence can help. Buyers may have more room to negotiate, especially with condos, townhomes, or properties that have been sitting longer. Review HOA documents, reserves, assessments, insurance, rental rules, pet rules, parking, and flood considerations early.

Watching values?
The median estimated property value was $325,050, down slightly from last month but still up 3.8% over 12 months. That points more toward normalization than a major pullback, but Myrtle Beach varies heavily by building, view, location, property type, and carrying cost.

📄 Want the Details?
This summary is based on the full Myrtle Beach Grand Strand Market Analysis Report dated 6/8/2026, using May 2026 data. It updates the existing Myrtle Beach local guidance page, which described the market as balanced with negotiation room, especially in attached housing.

🤝 Let’s Talk Strategy
Whether you’re buying, selling, or just tracking the market, context matters. Myrtle Beach is not one single market. Oceanfront condos, inland single-family homes, golf communities, townhomes, investment properties, and manufactured housing can all tell different stories.

Joe Foster, REALTOR®
📞 (843) 874-5389
📧 mail@joefosterjr.com

⚠️ Important Notes & Disclosures
This summary is for informational purposes only and is not an appraisal or guarantee of value.
Data is sourced from Realtors Property Resource® (RPR), MLS, and public records; information is not guaranteed.
Market statistics reflect all residential property types and may not include all transactions.
Market conditions can change rapidly and vary by property and location.
Equal Housing Opportunity.