Myrtle Beach, SC Housing Market
Cold MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Myrtle Beach, SC metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $345K
- Median days on market
- 98 days
- Months of supply
- 5.7
- Active inventory
- 11,074
- Homes sold
- 1,928
- Sale-to-list ratio
- 97.5%
- Listings with price drop
- 24.6%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Cooling
- Buyer leverage
- Medium
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Negotiation · BRRRR
Watch-outs
- Slower sales (longer days on market) can mean more time to diligence — but also weaker demand.
- Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Myrtle Beach, SC market summary
The Myrtle Beach, SC metro area housing market is cooling down. As of May 2026, the median home sale price is $345K, down 0.3% year-over-year. Homes are spending a median of 98 days on the market, 6.5% longer than a year ago.
There are 11,074 homes for sale — 6.4% more than last year. With 5.7 months of supply, this is a balanced market. 2,474 new listings were added during this period, down 1.8% year-over-year.
Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 7.5% of homes sell above their asking price. 24.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. South Carolina Median
Investor takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 23% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Myrtle Beach, SC market trends
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Detailed market metrics
Median list price
$363K
Price per sq ft
$207
Sale-to-list ratio
97.5%
Months of supply
5.7
Sold above list
7.5%
Price drops
24.6%
New listings
2,474
↓ 1.8% YoY
Pending sales
2,356
Off market in 2 weeks
23.6%
Myrtle Beach, SC housing market FAQs
What is the median home price in Myrtle Beach, SC?
For the latest published month, the median sale price in Myrtle Beach, SC is $345K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Myrtle Beach, SC a buyer's or seller's market?
With about 5.7 months of supply, the market is often closer to balanced — neither extreme scarcity nor extreme surplus.
How long do homes stay on the market in Myrtle Beach, SC?
For the latest published month, the median days on market in Myrtle Beach, SC is 98 days — half of homes went pending faster and half slower.
Is Myrtle Beach, SC good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Myrtle Beach, SC can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Myrtle Beach, SC?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Myrtle Beach, SC deals.
Compare more South Carolina metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
Charleston, SC
$463K · 68d on market
Greenville, SC
$345K · 62d on market
Spartanburg, SC
$289K · 59d on market
Hilton Head Island, SC
$568K · 63d on market
Florence, SC
$240K · 81d on market
Sumter, SC
$258K · 49d on market
Georgetown, SC
$475K · 93d on market
Seneca, SC
$440K · 62d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Myrtle Beach, SC deal with real numbers
Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.