How is the real estate market in Myrtle Beach SC?
James Williams
Updated on March 11, 2026
The housing market in Myrtle Beach is still running hot, with homes selling in days well above the purchasing price. According to the National Association of Realtors, 8% of Myrtle Beach-area homeowners bought their home in the past year, during which the median home value increased by over 10% to $267,000.
Is it a good time to buy a house in Myrtle Beach?
The best time to buy houses in Myrtle Beach is in fall and winter because the houses cost less, there is less competition, and the house can even be tested. Myrtle Beach is a beautiful place located in South Carolina. Each year, thousands of people visit Myrtle Beach to enjoy their vacation in the summers.
Why is Myrtle Beach so cheap right now?
So why is this famous beach community so affordable? Because the city has a dark side as well. The violent crime rate in Myrtle Beach is more than four times the national average, according to the most recent FBI data. That’s brought home prices down.
Is Myrtle Beach a good place to invest?
When it comes to real estate investments, making decisions is even tougher. To receive a good return on your investment, ensure the unit you’re purchasing in Myrtle Beach is a decent investment property. There are also many great beachfront apartments with great views and ideal locations for unit residents.
Is Myrtle Beach a buyers market?
Myrtle Beach, SC is a buyer’s market in July 2021, which means that the supply of homes is greater than the demand for homes.
Is it expensive to live in Myrtle Beach?
Cost of Living in Myrtle Beach, South Carolina by Expense Category. Myrtle Beach’s housing expenses are 30% lower than the national average and the utility prices are 18% higher than the national average. Transportation expenses like bus fares and gas prices are 8% lower than the national average.
Is Myrtle Beach dangerous?
Myrtle Beach wasn’t the once South Carolina city that earned exceptionally low scores….Myrtle Beach Ranked The 3rd Most Dangerous City in America For 2021.
| City | Myrtle Beach |
|---|---|
| Population | 34,860 |
| Violent Crimes Per 1,000 | 11.5 |
| Other Personal Per 1,000 | 31.81 |
| Other Property Per 1,000 | 155.19 |
Why are Myrtle Beach hotels so cheap?
“Price driven” promoted vacations above user experience vacations tend to be less expensive for the tourist. The price driven model is the key reason Myrtle Beach Hotel rooms are so inexpensive. The price does tend to attract a higher percentage of 3 night only stay tourists to the city during peak summer season.
How much are HOA fees in Myrtle Beach?
REGIME FEES & HOA DUES BY BUILDING / CONDO DEVELOPMENT & COMMUNITY IN MYRTLE BEACH SC AREA
| NAME OF DEVELOPMENT | Monthly Dues/Regime Fees | City/Area |
|---|---|---|
| Surf Master By The Sea | $740.00 | Murrells Inlet |
| Waters Edge Resort | $524.00 | Murrells Inlet |
| Beach Club | $805.00 | NMB |
| Grand Shores Resort | $876.00 | NMB |
Is Myrtle Beach nasty?
As one of America’s top beaches, Myrtle Beach attracts everyone and everything. The area has a nickname, “Dirty Myrtle” which refers to anything between a type of drink to a mud run. South Carolina is the 3rd worst state for beach water quality in the country.
