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Sarah Mitchell

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Compass Real Estate · North Myrtle Beach, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

North Myrtle Beach, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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North Myrtle Beach, SC Housing Market

Buyer's market+0.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in North Myrtle Beach, SC is worth $395,960, rose 0.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $400,000, -7.3% year over year (through May 2026). With 6.7 months of supply and homes going under contract in about 111 days, North Myrtle Beach is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $395,960 home is about $2,114/mo in principal and interest.

Key numbers for North Myrtle Beach, SC

Typical home value

$395,960

+0.6% in 12 months

Zillow, August 2026

Typical asking rent

$1,783/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$400,000

-7.3% year over year

Redfin, through May 2026

Days on market

111

Slow-moving

Redfin, through May 2026

Active listings

1,342

6.7 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$72,111

Home costs 5.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

96.9%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is North Myrtle Beach a buyer's or seller's market?

Buyer's market6.7 months of supply111 days on market96.9% of asking

North Myrtle Beach, SC is a buyer's market, based on 6.7 months of supply and homes selling in about 111 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the North Myrtle Beach housing market data show?

Every row below is Redfin's final published month for North Myrtle Beach, SC. Redfin, through May 2026

Housing market statistics for North Myrtle Beach, SC, Redfin through May 2026
MetricValue
Median sale price$400,000
Median list price$459,740
Year-over-year price change-7.3%
Median price per sq ft$247/sq ft
Median days on market111 days
Active inventory1,342 listings
Months of supply6.7 months
Sale-to-list price ratio96.9%
Homes sold (that month)201
New listings (that month)269
Listings with a price cut25.9%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for North Myrtle Beach is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in North Myrtle Beach is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have North Myrtle Beach home prices moved?

Over the last three years the median sale price in North Myrtle Beach, SC fell 2.4%, from $410,000 to $400,000. The live Zillow value series has rose 0.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.9% of North Myrtle Beach listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 6.7 months while the sale-to-list ratio slips below its current 96.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in North Myrtle Beach?

Priced off the typical home value of $395,960 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in North Myrtle Beach, SC
Down paymentCash at closeLoan amountMonthly P&I
20%$79,192$316,768$2,114/mo
5%$19,798$376,162$2,510/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,114, that implies roughly $90,594 a year before you add taxes and insurance. The median household in North Myrtle Beach earns $72,111, about $18,483 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in North Myrtle Beach in the next 12 months?

Tell us your timeline. We send the North Myrtle Beach market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in North Myrtle Beach?

Typical asking rent in North Myrtle Beach, SC is $1,783/mo, against a typical home value of $395,960. That is a price-to-rent ratio of 18.5x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,114 a month — $330 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in North Myrtle Beach?

Active listings in North Myrtle Beach, SC went from 1,195 in May 2025 to 1,342 in May 2026, a +12.3% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in North Myrtle Beach, SC
MonthActive listingsNew listings
June 20251,154212
July 20251,147198
August 20251,127208
September 20251,191290
October 20251,204288
November 20251,151186
December 20251,008142
January 20261,098269
February 20261,163240
March 20261,286338
April 20261,348290
May 20261,342269

Redfin, through May 2026

How does North Myrtle Beach compare to South Carolina and the U.S.?

North Myrtle Beach homes sell for $400,000 — 2% above the South Carolina median of $394,000. Against the national median of $410,700, North Myrtle Beach runs 3% lower. Year-over-year, North Myrtle Beach moved -7.3% against South Carolina's +1.2% — a bigger swing than the state as a whole.

North Myrtle Beach, SC compared with South Carolina and the United States
MarketMedian sale priceYoYDays on market
North Myrtle Beach, SC$400,000-7.3%111 days
South Carolina statewide$394,000+1.2%72 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in North Myrtle Beach

What buyers should watch

  • Months of supply, currently 6.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 25.9%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $396 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $395,960 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median North Myrtle Beach listing goes under contract in 111 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 96.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month North Myrtle Beach added 269 new listings against 201 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +0.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside North Myrtle Beach varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in North Myrtle Beach

There are currently 1,342 homes listed for sale in North Myrtle Beach, South Carolina. The median listing price is $460K.

Active listings

1,342

Homes on market

Median list price

$460K

Avg. days on market

111

Days until sale

New this week

269

Newly listed

Price drops:25.9%of listings
Sale-to-list:96.9%

How much do homes cost in North Myrtle Beach by property type?

How the North Myrtle Beach, SC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in North Myrtle Beach, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$475,000$242/sq ft89122 days
Condo / co-op$295,000$268/sq ft9397 days
Townhouse$375,000$200/sq ft19194 days

Who lives in North Myrtle Beach?

American Community Survey estimates for North Myrtle Beach. U.S. Census ACS, 2023

Population

19,343

Households

9,601

Median income

$72,111/yr

Median age

60.8 years

Owner-occupied

82.9%

Median home value

$371,900

Median gross rent

$1,171/mo

Mean commute

22.5 min

82.9% of occupied homes in North Myrtle Beach are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $371,900 against Zillow's $395,960 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,171/mo, below Zillow's $1,783/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve North Myrtle Beach?

1 schools tracked · 810 students

The largest public schools serving North Myrtle Beach, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Ocean Drive Elementary

Grades PK-5 · 810 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near North Myrtle Beach, SC?

Ordered by distance from North Myrtle Beach, not by size. Compare North Myrtle Beach side by side with any of them.

North Myrtle Beach housing market FAQ

Is North Myrtle Beach a buyer's or seller's market?

North Myrtle Beach, SC is currently a buyer's market. That read comes from 6.7 months of supply, homes going under contract in about 111 days, and sellers getting 96.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in North Myrtle Beach?

The typical home in North Myrtle Beach, SC is worth $395,960 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $400,000, about $247 per square foot.

Is North Myrtle Beach cheaper than the rest of South Carolina?

North Myrtle Beach's median sale price of $400,000 is 2% higher than the South Carolina statewide median of $394,000, and 3% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in North Myrtle Beach?

Homes in North Myrtle Beach, SC spent a median of 111 days on market before going under contract, versus 72 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in North Myrtle Beach?

At the current 30-year fixed rate of 7.03%, 20% down on a $395,960 home is about $2,114 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $90,594 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $72,111.

Are home prices rising in North Myrtle Beach?

The typical home value in North Myrtle Beach, SC rose 0.6% over the last 12 months, from $393,530 to $395,960 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in North Myrtle Beach?

North Myrtle Beach ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in North Myrtle Beach?

That depends on your timeline, not on a headline. What the data says today: North Myrtle Beach, SC is a buyer's market with 6.7 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.5x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.