North Myrtle Beach, SC

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 🏡 North Myrtle Beach Real Estate Market Snapshot
North Strand | Grand Strand | May 2026
Prepared by Joe Foster, REALTOR®

North Myrtle Beach remains one of the Grand Strand’s most recognizable coastal markets, with a mix of primary homes, second homes, condos, townhomes, investment-oriented properties, golf-area neighborhoods, and beach-access lifestyles.

📍 Market Overview
Based on the May 2026 Grand Strand Market Analysis Report, North Myrtle Beach looks buyer-leaning, especially compared with the faster, tighter market conditions of prior years. Inventory is elevated, buyers have more choices, and sellers need to be more precise with pricing and presentation.

The median sold price was $400,000, while homes sold at about 96.6% of list price. Months of inventory reached 8.27, which gives buyers more room to compare options and negotiate than in many lower-inventory Grand Strand submarkets.

📊 Key Takeaways — At a Glance

Home prices: Median sold price was $400,000.
Inventory: 8.27 months of supply, up 18.5% month over month.
Buyer behavior: Homes sold at about 96.6% of list price, so buyers are generally negotiating below ask.
Market pace: Sold homes had a median of 53 days in RPR. Active listings showed a median of 79 days in RPR.
Active listings: There were 968 active listings at month-end.
New listings: 279 new listings came on the market in May.

In plain terms:
➡️ Buyers have real choices
➡️ Sellers can still succeed, but pricing has to be sharp
➡️ Negotiation is normal
➡️ Condo, HOA, insurance, and rental-rule review matter a lot here

💡 What This Means for You

Thinking of selling?
North Myrtle Beach still rewards well-positioned listings, but location alone is not enough. Buyers are looking closely at condition, carrying cost, HOA health, insurance exposure, rental rules, flood considerations, and whether the price matches today’s market. Overpricing can quickly create longer time on market and weaker negotiating leverage.

Thinking of buying?
This is a market where patience and due diligence can help. With higher inventory and a lower sold-to-list ratio, buyers may have more room to negotiate, especially on properties that have been sitting or need updates. The right property can still move, but this is not a market where buyers should skip the homework.

Watching values?
The median estimated property value was $430,200, down 2.3% from last month but still up about 5% over 12 months. The broader signal looks more like normalization than collapse, but the details matter: oceanfront condos, golf-area homes, Cherry Grove, Crescent Beach, Windy Hill, and inland North Myrtle Beach-area properties can behave very differently.

📄 Want the Details?
This summary is based on the full North Myrtle Beach Grand Strand Market Analysis Report dated 6/8/2026, using May 2026 data. It updates the existing North Myrtle Beach local guidance page, which described a more balanced market with buyer negotiation room and emphasized coastal due diligence.

🤝 Let’s Talk Strategy
Whether you’re buying, selling, or just tracking the market, context matters. North Myrtle Beach is not one single market. Single-family homes, condos, townhomes, oceanfront units, second homes, short-term rental properties, and golf-area properties can all tell a different story.

Joe Foster, REALTOR®
📞 (843) 419-7171
📧 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.