North Myrtle Beach, SC

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🏡 Myrtle Beach Real Estate Market Snapshot
Grand Strand | Horry County, SC
Prepared by Joe Foster, REALTOR®

Myrtle Beach is the centerpiece of the Grand Strand—an oceanfront city built around beach life, golf, dining/entertainment, and quick access to the Intracoastal. Day-to-day it’s a blend of resort energy near the shoreline and more residential pockets inland, with housing that ranges from high-rise condos and townhomes to established single-family neighborhoods .

📍 Market Overview

Based on the most recent RPR Market Analysis (January 2026 data), Myrtle Beach is operating in a balanced market that leans buyer-friendly.

Inventory has expanded compared to the tightest years, marketing times are longer, and negotiation is common—especially in condos/townhomes where selection is broader .

📊 Key Takeaways (At a Glance)
(Single-Family + Condo/Townhome combined data)

• Median Sold Price: ~$325,000
• Median Estimated Value: ~$327,210
• Months of Inventory: ~5.36 months (balanced range; more buyer choice)
• Sold-to-List Ratio: ~96.5% (typical sale is below asking)
• Median Days on Market (Sold): ~51 days
• Active Listings: ~2,741 at month end

In plain terms:

➡️ Buyers have options and leverage
➡️ Sellers need sharp pricing and clean presentation
➡️ Negotiation (price/repairs/closing costs) is normal
➡️ Condos/townhomes show the “shift” most clearly

🏠 What Buyers Gravitate Toward

Single-Family Homes
This segment has generally been more resilient. Move-in-ready, well-located homes that are priced appropriately for today’s payment-sensitive buyers tend to perform best .

Condos & Townhomes
This is where selection and leverage show up most. HOA dues, insurance, reserves, rental rules, pet/parking limits, and special assessment history can matter as much as price—sometimes more .

Investor-Focused Properties
Before assuming a rental strategy, confirm whether the building/community allows short-term rentals, minimum stays, on-site management requirements, and any guest access/parking limitations .

💡 What This Means for You

Thinking of Selling?
With ~5+ months of inventory and closings averaging ~96.5% of list , Myrtle Beach is a market where pricing accuracy wins. Homes that “come out hot” and need later reductions usually lose momentum. Strong presentation and fewer surprises upfront matter more than ever.

Thinking of Buying?
This is a “do the boring homework early” market—especially for condos: HOA docs, budgets/reserves, insurance implications, special assessments, and rental restrictions. With longer marketing times, buyers can compare options and negotiate when a home’s condition or carrying cost doesn’t match the ask .

Watching Values?
Estimated values show modest year-over-year growth, while list prices are notably lower than prior peaks (see the value/price table on page 17) . Translation: normalization. Neighborhood + building-specific context matters more than broad city averages.

📄 Want the Full Report?

This summary is based on the Grand Strand Market Analysis Report – Myrtle Beach, SC (January 2026 data, published 3/2/2026) .

🤝 Let’s Talk Strategy

Myrtle Beach rewards strategy. Buyers usually have more options—especially in condos/townhomes—and sellers win with sharp pricing, clean presentation, and clear documentation.

Joe Foster, REALTOR®
South Carolina License #134334
📞 (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® and MLS/public records and may not reflect all market activity.
Market conditions vary by property type, location, condition, and timing.
If you are currently working with a real estate professional, this information is not intended as a solicitation.
Equal Housing Opportunity.