As summer unfolds here on the Grand Strand, it’s time for your monthly look at the Myrtle Beach housing market and other important news that could impact your real estate investments.
Myrtle Beach Housing Market Snapshot
-
Home Values: The market has shifted slightly. Unlike the rapid appreciation of recent years, values are holding steady. Homes are taking about 118 days to sell—roughly 30 days longer than before—and are typically closing 2–2.5% below list price.
-
Inventory: Supply continues to rise, now just under 5 months of inventory. A 6-month supply is considered a buyer’s market, so while we’re not there yet, conditions are beginning to balance out.
-
Market Trends: This cooling is a natural adjustment after several years of strong growth. Experts forecast stability into 2026 with little risk of a major downturn. Encouragingly, online property searches are on the rise—often the first sign of stronger buyer demand ahead.
Thinking About Selling?
If you’ve considered selling, now is a great time to start planning. Interest rates are at their lowest in years, making homes more affordable and driving more showings, offers, and competitive sales. I’d be happy to provide a no-obligation property review so you know what to expect in today’s market.
