Home Prices in Myrtle Beach

If you are considering buying or selling a home in Myrtle Beach, understanding current home prices is an important first step. Myrtle Beach offers a wide range of real estate, including affordable condos, single-family homes, new construction, gated communities and luxury waterfront properties.

Working with an experienced local brokerage can make it easier to understand prices in different neighborhoods. Plantation Realty Group helps buyers and sellers throughout Myrtle Beach and the Grand Strand compare properties, evaluate market conditions and make informed real estate decisions. Whether you are searching for a home or selling a property, Plantation Realty Group’s local agents can guide you through every step.

Because the Myrtle Beach market includes so many property types and neighborhoods, home prices can vary considerably. Location, condition, community amenities and proximity to the beach all influence what buyers can expect to pay.

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. Single-family detached homes generally command higher prices with a median around $389,999, while condos and townhomes average closer to $210,000. Homes were generally selling below their original asking prices, giving some buyers more room to negotiate. Redfin and Realtor.com reported slightly different figures because each source uses different properties, time periods and calculation methods.

A citywide median does not tell the entire story. Myrtle Beach includes everything from smaller oceanfront condos to multimillion-dollar homes in luxury communities. Buyers should compare prices based on the specific property type and neighborhood they are considering.

Myrtle Beach Home Prices by Property Type

Condos

Condos are often among the most affordable ways to own property near the beach. Prices depend on the building’s location, ocean views, amenities, rental rules and monthly HOA fees.

Smaller condos may be available below the overall Myrtle Beach median price, while updated oceanfront units can cost considerably more. Before purchasing, buyers should review the HOA budget, insurance coverage, special assessments and short-term rental restrictions.

Single-Family Homes

Single-family home prices vary based on square footage, age, lot size and neighborhood. Homes farther inland are often more affordable than properties located directly along the beach or Intracoastal Waterway.

Communities in Carolina Forest and surrounding areas offer homes in a broad range of prices, from starter homes and townhomes to large lakefront properties.

New Construction

New construction continues to be a popular option around Myrtle Beach, Conway and Carolina Forest. Prices depend on the builder, community and selected upgrades.

Some builders offer incentives such as closing-cost assistance, interest-rate buy-downs or upgrade packages. Buyers should compare the total cost of the home rather than focusing only on the advertised starting price.

Luxury and Waterfront Properties

Oceanfront, Intracoastal Waterway and lakefront homes generally command higher prices. Luxury communities such as Grande Dunes, The Dunes Club and Plantation Lakes may include custom construction, larger homesites, private docks and resort-style amenities.

Why Do Myrtle Beach Home Prices Vary So Much?

Several factors can affect the price of a Myrtle Beach property:

  • Distance from the beach or Intracoastal Waterway
  • Ocean, lake, golf course or waterway views
  • Property type and square footage
  • Age and overall condition
  • Renovations and upgraded features
  • Community amenities
  • HOA fees and restrictions
  • Flood zone and insurance requirements
  • Short-term rental eligibility
  • Available inventory in the neighborhood

Two homes with similar square footage can have very different prices when one offers waterfront access, newer construction or stronger community amenities.

Are Myrtle Beach Home Prices Going Down?

The Myrtle Beach real estate market showed 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 the same period the previous year.

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

This does not mean every neighborhood or property type is losing value. Local market conditions can differ significantly between condos, single-family homes, new construction and luxury properties.

What Current Prices Mean for Buyers

Buyers may have more choices and negotiating opportunities 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
  • Home warranties
  • Closing-date flexibility
  • Certain furnishings or appliances

However, updated homes in desirable neighborhoods can still attract strong interest. Buyers should be prepared to act when they find a property that fits their budget and goals.

What Current Prices Mean for Sellers

Accurate pricing is especially important in a balanced market. Buyers can compare more properties and may avoid listings that appear overpriced.

Sellers should study recent comparable sales, competing listings and neighborhood-specific demand before choosing a price. Professional photography, strong online marketing and proper preparation can also help a home stand out.

Starting too high can result in longer market time and repeated price reductions. A competitive initial price may generate more attention and improve the likelihood of receiving a reasonable offer.

Additional Costs to Consider

The purchase price is only one part of the cost of owning a home in Myrtle Beach. Buyers should also consider:

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

These expenses can vary widely, particularly for condos, waterfront properties and homes in amenity-rich communities.

Find the Right Myrtle Beach Home at the Right Price

Home prices in Myrtle Beach depend on much more than a citywide average. The right budget will depend on your preferred location, property type, desired amenities and plans for the home.

Plantation Realty Group helps buyers and sellers throughout Myrtle Beach, Carolina Forest, Conway, North Myrtle Beach, Surfside Beach, Murrells Inlet and the surrounding Grand Strand. Our local real estate professionals can help you compare neighborhoods, review current listings and understand what homes are selling for in today’s market.

Explore available Myrtle Beach homes for sale or call Plantation Realty Group today!

📲(843)796-2111