Market report · June 2026 data
Myrtle Beach housing market report:
July 2026.
By Devin Day, Operations Officer & licensed MLO · Reviewed by Timmy Fredrick Nash, Broker-in-Charge · Published July 19, 2026
June 2026 closings, prices, inventory, permits, and rates for Myrtle Beach and the Grand Strand. Every number sourced, every source listed at the bottom.
The headline numbers
Myrtle Beach home sales and prices: June 2026 vs June 2025
Figures cover the Coastal Carolinas MLS footprint, Horry and Georgetown counties, from the association's June 2026 report published July 10.
| Single-family | Condo | |
|---|---|---|
| Closed sales | 1,127 +6.7% | 498 +10.2% |
| Median sale price | $359,945 -1.4% | $244,270 +2.0% |
| Average days on market | 121 | 137 |
| Percent of list price received | 97.3% | 96.2% |
| Homes for sale | 4,023 -3.4% | 3,294 +0.6% |
| Months of supply | 4.3 | 7.6 |
What it means
Three takeaways from the June 2026 housing data
1. The inventory surge stalled. A year ago, single-family inventory was growing 24.6 percent a year and the talk was of a coastal oversupply of homes for sale, like Florida's. In June 2026, single-family inventory was down 3.4 percent from last year, the first annual decline in this cycle, while sales rose 6.7 percent. More buyers, slightly fewer homes. That is not an oversupply story.
2. Houses and condos are two different markets right now. Single-family sits at 4.3 months of supply, balanced, with a median down just 1.4 percent. Condos sit at 7.6 months, a buyer's market, and Myrtle Beach city condos specifically have a year-to-date median of $205,000, down about 13 percent from last year. Rising insurance-driven HOA dues are a real part of that condo pressure. For a buyer who understands a building's finances, this is the best condo leverage in years; our guide to judging a condo building is where to start.
3. Prices are flat, not falling. The regional single-family median of $359,945 is within 1.4 percent of last June, sellers are collecting 97.3 percent of list, and the national median hit a June record. Flat prices with rising sales is a market stabilizing, not declining.
By area
Median home prices by Grand Strand area, June 2026
One month of city-level data rides small sample sizes, so treat single-month swings gently; the year-to-date figure is the steadier read. Both are below.
| Area | June median | Year-to-date median |
|---|---|---|
| Myrtle Beach | $590,000 | $525,000 |
| North Myrtle Beach | $635,000 | $566,748 |
| Pawleys Island / Litchfield | $631,380 | $656,250 |
| Surfside Beach | $449,500 | $418,000 |
| Murrells Inlet / Garden City | $436,450 | $455,000 |
| Little River | $357,500 | $349,900 |
| Conway | $315,995 | $311,000 |
Permits and construction
Myrtle Beach new construction: permits down, one oceanfront tower breaking ground
Permit data is where the next year's supply shows up first, and it points down. The Myrtle Beach metro authorized 592 housing units in May 2026, 13.6 percent fewer than May 2025, per the U.S. Census permit survey. Year to date, permits are down 6.7 percent. Builders responded to the 2024-2025 inventory buildup by cutting back, which is part of why resale inventory has stopped growing.
The exception cuts the other way: Margaritaville Vacation Residences broke ground June 6 in Arcadian Shores, 271 units and the first new oceanfront condo tower in Myrtle Beach in over a decade, reported 25 percent pre-sold. One tower does not change 7.6 months of condo supply, but it shows at least one major developer expects oceanfront demand to hold.
Mortgage rates: the national 30-year fixed averaged 6.55 percent the week of July 16, per Freddie Mac. Rates touched about 6.30 in April, drifted back to the mid 6.5s, and sit below last July's 6.75.
Bottom line
What this data means for buyers, sellers, and investors
- ✓Buying a house: selection is good and sellers are negotiable at the margins, but the expected oversupply of homes did not arrive, and nothing in the data suggests waiting for one.
- ✓Buying a condo: 7.6 months of supply and double-digit price declines in the city mean leverage, if the building's insurance, reserves, and litigation check out. The building study matters more than ever.
- ✓Selling: priced-right houses are closing at 97.3 percent of list in about four months. Overpricing into 121-day average market time is the mistake; our pricing approach starts from the comp data above.
Sources
Data sources for this report
- Coastal Carolinas Association of REALTORS, Monthly Indicators and Local Market Update, June 2026, published July 10, 2026: sales, prices, inventory, days on market, months of supply.
- U.S. Census Bureau Building Permits Survey, Myrtle Beach-Conway-North Myrtle Beach metro, May 2026 release: permit counts.
- Freddie Mac Primary Mortgage Market Survey, week of July 16, 2026: mortgage rates.
- WMBF News, June 10, 2026: Margaritaville Vacation Residences groundbreaking.
- National Association of REALTORS, June 2026 existing-home sales: national comparison figures.
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Common questions
Myrtle Beach housing market FAQ
Is Myrtle Beach a buyer's market right now?
Split answer, and the split matters. Single-family homes sit at 4.3 months of supply, balanced territory, with inventory actually down 3.4 percent from last June. Condos sit at 7.6 months, which is buyer's market territory, and Myrtle Beach city condo prices are down about 13 percent year over year. Condo buyers have real leverage right now. House buyers have selection, but not the oversupply some expected.
Are Myrtle Beach home prices dropping in 2026?
Mostly flat, with one real decline. The area's single-family median was $359,945 in June 2026, down 1.4 percent from a year earlier, and the year-to-date median is down less than 1 percent. The clear drop is Myrtle Beach city condos: a $205,000 year-to-date median, down about 13 percent. Sellers of houses are still getting 97.3 percent of list on average.
What are mortgage rates right now?
The national average 30-year fixed was 6.55 percent for the week of July 16, 2026, per Freddie Mac. Rates dipped to about 6.30 percent in April, drifted back to the mid 6.5s, and remain below the 6.75 percent of a year ago.
Is Myrtle Beach overbuilt?
The permit data shows builders pulling back, not building more. The Myrtle Beach metro authorized 592 housing units in May 2026, down 13.6 percent from a year earlier, and year-to-date permits are down 6.7 percent. At the same time, the first new oceanfront condo tower in over a decade broke ground in June. New supply is slowing exactly as resale inventory stopped growing.