The Myrtle Beach real estate market is settling into a more balanced pace as we move through 2026. After years of rapid shifts, conditions are stabilizing—creating a healthier environment for both buyers and sellers.

What’s Happening Now Inventory across the Grand Strand is increasing, giving buyers more options. Prices remain mostly steady, though some condo markets have softened slightly. While closings are a bit lower compared to last winter, buyer demand remains strong, with pending sales for single-family homes up significantly—a positive sign for the months ahead. Homes are also taking a bit longer to sell, averaging around four months, reflecting a return to more typical market conditions.

 

Local Trends
New listings, especially condos, are on the rise, improving buyer choice. Affordability has also improved with mortgage rates dipping below 6%, bringing renewed activity—particularly for properties under $150,000. Areas like Carolina Forest and new construction communities continue to grow, supporting steady and sustainable market expansion.

Statewide Outlook
Across South Carolina, the market shows similar signs of balance. While overall sales are slightly down year over year, both new listings and pending contracts are increasing. Prices have leveled off, and with more inventory available, buyers and sellers can move forward with more realistic expectations. Sellers are still achieving strong prices, but buyers now have more room to negotiate.

What This Means for You

  • Buyers: More inventory and improved affordability make this a great time to explore your options.

  • Sellers: Homes are still selling, but pricing and presentation are key. Expect a timeline of 90–120 days depending on the property.

  • Investors: The condo market presents opportunities, with increased inventory and stronger negotiating power.

With over 30 years of experience in the Myrtle Beach market, I’m here to help you navigate these changes with confidence. Whether you’re buying, selling, or simply exploring your options, I’m happy to share local insights and guide you every step of the way.