Myrtle Beach Housing Market

If you are thinking about buying or selling a home in Myrtle Beach, understanding current prices can help you make a more informed decision. The area offers a wide selection of real estate, from affordable condos and townhomes to new construction, gated communities and luxury waterfront properties.

Plantation Realty Group helps buyers and sellers throughout Myrtle Beach and the Grand Strand compare neighborhoods, evaluate market conditions and navigate the real estate process. PRG’s experienced local agents can help you understand what properties are worth and find opportunities that match your goals.

What Is the Average Home Price in Myrtle Beach?

As of summer 2026, Myrtle Beach’s overall median sale price was approximately $258,000, while the median listing price was between $277,000 and $320,000. Prices vary considerably by property type. Single-family homes generally sell for more, while condos and townhomes often provide a lower-priced entry into the local market.

Redfin and Realtor.com may report different figures because they use different time periods, property categories and calculation methods.

Citywide statistics only provide a general overview. Myrtle Beach includes everything from compact beach condos to multimillion-dollar homes in luxury communities. Buyers should focus on recent sales for the specific property type and neighborhood they are considering.

Myrtle Beach Prices by Property Type

Condos

Condos are often among the most affordable options near the beach. Prices are influenced by location, ocean views, building amenities, condition and rental eligibility.

Buyers should consider more than the purchase price. Monthly HOA fees, building insurance, special assessments and short-term rental restrictions can significantly affect the total cost of ownership.

Single-Family Homes

Single-family home prices depend on size, age, condition, lot and neighborhood. Homes farther inland are often more affordable than properties near the beach or Intracoastal Waterway.

Carolina Forest communities offer a broad selection, including starter homes, townhomes, new construction and larger lakefront properties.

New Construction

New construction remains popular in Myrtle Beach, Conway and Carolina Forest. Pricing varies by builder, floor plan, community and upgrades.

Some builders offer closing-cost assistance, interest-rate buy-downs or design incentives. Buyers should compare the complete cost of the property instead of relying only on the advertised starting price.

Luxury and Waterfront Properties

Oceanfront, lakefront and Intracoastal Waterway homes typically command higher prices. Communities such as Grande Dunes, The Dunes Club and Plantation Lakes may feature custom homes, larger lots, private docks and resort-style amenities.

What Affects Myrtle Beach Home Prices?

Several factors influence a property’s price:

  • Proximity to the beach or Intracoastal Waterway
  • Ocean, lake, golf course or waterway views
  • Property type, size, age and condition
  • Renovations and upgraded features
  • Community amenities
  • HOA fees and restrictions
  • Flood zones and insurance requirements
  • Short-term rental eligibility
  • Available neighborhood inventory

Even homes with similar square footage can have very different prices based on location, condition and community features.

Are Myrtle Beach Home Prices Decreasing?

The Myrtle Beach real estate market experienced some price softening during the first half of 2026. Redfin reported that the median sale price for the three months ending in June was approximately 5.4% lower than during the same period in 2025.

Realtor.com classified Myrtle Beach as a balanced market in June 2026, meaning supply and buyer demand were relatively even. Properties sold for approximately 3% below their asking prices on average.

However, this does not mean every property is declining in value. Trends can differ between condos, single-family homes, new construction and luxury real estate.

What Buyers Should Know

Today’s buyers may have more choices and negotiating power than they did during the fastest-moving years of the market. Depending on the property, buyers may be able to negotiate:

  • A lower purchase price
  • Seller-paid closing costs
  • Repair credits
  • A home warranty
  • Closing-date flexibility
  • Certain furnishings or appliances

Updated homes in desirable communities can still attract strong interest, so buyers should be ready to act when the right property becomes available.

What Sellers Should Know

Accurate pricing is essential in a balanced market. Buyers can compare more listings and may overlook homes that appear overpriced.

Sellers should review recent comparable sales, competing properties and neighborhood demand before establishing a price. Professional photography, effective online marketing and proper home preparation can also help a listing stand out.

Additional Homeownership Costs

Buyers should account for expenses beyond the purchase price, including:

  • Property taxes
  • Homeowners and flood insurance
  • HOA or condominium fees
  • Utilities and maintenance
  • Special assessments
  • Financing and closing costs
  • Property-management expenses for rentals

These costs can vary considerably, especially for condos, waterfront homes and properties in amenity-rich communities.

Find the Right Myrtle Beach Home

Myrtle Beach home prices depend on your preferred location, property type, amenities and plans for the property.

Plantation Realty Group serves buyers and sellers throughout Myrtle Beach, Carolina Forest, Conway, North Myrtle Beach, Surfside Beach, Murrells Inlet and the surrounding Grand Strand.

Our local professionals can help you compare neighborhoods, review current listings and understand what similar homes are selling for in today’s market.

Explore available Myrtle Beach homes or contact Plantation Realty Group for personalized buying or selling guidance.

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📲(843)796-2111