If you're a homeowner in the Myrtle Beach area considering selling, one of the first questions is: “Are prices dropping?” The short answer: Year over year No, but that should change soon — there are signs of a slight decline or at least a plateau in the market around Myrtle Beach, but with inventory reducing things may change quickly.
According to online data from the CCAR ShowingTime Stats, the average sale price in Myrtle Beach for Single Family Homes in October 2025 was approximately $457,726, which is up about 5.2 % year-over-year. Additionally, the average sale price per square foot was around $173, up roughly 4.2 % from the prior year.
What does this mean for sellers?
· Prices are up slightly Year over Year, but with the upcoming Holiday season and cold weather starting soon we may see a slight drop, although that may be temporary.
· Some sellers prefer not to be bothered during the Holidays and think starting fresh after the new year with a new MLS number will benefit them. Every area of the beach and type of property varies in this regard, so contact one of our agents to find out if this is the correct approach for your individual situation.
· With Days on Market for single family homes now around 3.5 months and Winter on the horizon, some sellers are getting anxious and ready for drastic price reductions or, are willing to entertain what appear to be “lowball” offers. Proper pricing in the beginning can help get your home in Myrtle Beach sold quickly. Most of our buyers are from out of town, so if you’re not priced properly from the start, you may miss that perfect buyer on their visit to shop for homes.
· If inventory continues to drop, prices should plateau for a short period, but I would anticipate a large number of homes to be introduced to the market in the first couple months of 2026, with many of those pricing more aggressively than before, which may result in lower prices pre-Spring.
· FHA reducing minimum credit scores may help reduce inventory and some new programs being considered, like portable mortgages and 50-year mortgages may further reduce inventory and increase prices in the Myrtle Beach market.
· Many new homes on the market are offering deep discounts, thousands in closing costs and rate buydowns, so pricing and negotiating ability are critical. Make sure you’re working with an experienced agent skilled and knowledgeable of your area of the market.
- Condition is almost as important as the famous “Location, Location, Location” when selling resales. Before you consider staging a home, first address the obvious. Replace light bulbs, de-clutter, clean, paint or touch-up, service the HVAC, and ask an experienced agent where, if any, improvements should be made.
At Plantation Realty Group, our team helps homeowners, investors and corporations sell in and around Myrtle Beach navigate this environment by:
- Advising on upgrades, improvements, or staging to make your home stand out, and offer input that will help maximize your profits on the sale of your home in Myrtle Beach
- Strategically and aggressively marketing listings to the thousands of buyers active in this market, including retargeting ads, social media, and syndication to thousands of websites.
- Conducting thorough a comparative market analyses (CMA) using the latest local sales and current market conditions to provide an accurate assessment of your property value
- Providing excellent customer service and communication throughout the selling process to make it as simple as possible
If you're thinking about selling your home, condo, or lot in or near Myrtle Beach, SC, you’re not alone — but you do need to act with deliberation. Contact us at Plantation Realty Group to schedule a free, no-obligation valuation and get an up-to-date market snapshot.
📞(843) 796-2111 Rob Mason BIC/Owner
