Myrtle Beach-Conway-North Myrtle Beach, SC housing market
Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$339,738+0.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$73,648About 1.1× the local median income ($68,932): a stretch for a typical household
Days on market79 daysAbout the same pace as a year ago
Next 12 months+1.2%Zillow expects prices to rise slightly
The typical home in Myrtle Beach-Conway-North Myrtle Beach, SC is worth $339,738, up 0.6% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $339,475, so the area is 0.1% overvalued. It is a balanced market, leaning toward buyers: homes take about 79 days to sell, listings are up 1% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 1.2% over the next year. A household needs about $73,648 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,932. Typical rent is $1,722 a month, or $2,074 for a house. In the latest IRS figures, 11,230 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$339,738
Change in 1 year
+0.6%
Overvalued %
+0.1%
Show 7 more
Fair home value
$339,475
Change in 5 years
+21.7%
Zillow forecast, next 12 months
+1.2%
Home value to income
4.9×
Monthly mortgage payment (20% down)
$1,841
Income needed to afford it
$73,648
Property tax rate
0.33%
Rent and investing
Typical rent
$1,722
Typical rent for houses
$2,074
Price-to-rent ratio
16.4×
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HUD Fair Market Rent, 2 bedrooms
$1,504
Gross rental yield
6.08%
Cap rate (estimate)
3.95%
Market activity
Listings vs a year ago
+1.4%
Days on market
79
Listings with a price cut
20.1%
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Homes for sale
5,814
Pending sales per 100 listings
37
Asking price per sq ft
$225
People and jobs
Median household income
$68,932
Population change (1 year)
+3.2%
Unemployment rate
4.9%
Show 4 more
Population
427,551
Income adjusted for cost of living
$73,645
Net moves in (IRS)
+11,230
Cost of living (US = 100)
93.6
Schools, risk and environment
School rating (1 to 10)
7.4
FEMA hazard risk score (0 to 100)
98.2
Unhealthy air days a year
3
Show 4 more
Flood risk score
92.0
Wildfire risk score
89.9
Walkability (1 to 20)
6.9
Road, rail and air noise
54 dB
Questions people ask
Is Myrtle Beach-Conway-North Myrtle Beach, SC overvalued?
Home prices in Myrtle Beach-Conway-North Myrtle Beach, SC are slightly above what local incomes have historically supported: fair value is about $339,475, so the area is 0.1% overvalued.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a buyer's or seller's market?
Myrtle Beach-Conway-North Myrtle Beach, SC is a balanced market, leaning toward buyers: homes take about 79 days to sell, listings are up 1% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Myrtle Beach-Conway-North Myrtle Beach, SC?
Home values in Myrtle Beach-Conway-North Myrtle Beach, SC are up 0.6% over the last year. Zillow's forecast for the next 12 months is +1.2%.
How much do you need to earn to buy a home in Myrtle Beach-Conway-North Myrtle Beach, SC?
A household needs about $73,648 a year to afford the typical home in Myrtle Beach-Conway-North Myrtle Beach, SC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,932.