Is Spring 2026 a Good Time to Buy in Myrtle Beach?

by Coastal Carolina Group

Grand Strand Market Report

Is Spring 2026 a Good Time
to Buy in Myrtle Beach?

The data says yes — and buyers haven’t had this much leverage in years.

Our Verdict

Spring 2026 Strongly Favors Buyers

Expanded inventory, softened prices, and real negotiating leverage make this one of the best windows to buy along the Grand Strand in recent memory.

If you’ve been waiting for the Myrtle Beach real estate market to shift in your favor, that moment has arrived. A surge in inventory, longer days on market, and sellers willing to negotiate have combined to create a buyer-friendly environment unlike anything we’ve seen since before 2020.

This isn’t a crash — it’s a correction. The Grand Strand is returning to healthier, more sustainable conditions. For buyers who are ready, that spells real opportunity.

By the Numbers

Spring 2026 Market Snapshot

$303K

Median Price

Down 4.9% YoY

93–112

Days on Market

vs. 70 SC avg

9.4 mo

Supply

Up from 5.4 last yr

~6.2%

30-Yr Rate

Down 0.5%+ from ’25

Single-family homes range from $328K–$385K, while condos and townhomes start as low as $228K–$240K — with significantly more buyer leverage. New construction remains competitive with active builder incentives.

Inventory & Supply

More Choices, More Leverage

With over 3,600 active listings this spring and supply up more than 36% year-over-year, buyers now have the selection and negotiating power they lacked during 2022–2024.

Buyer Tip

With 9.4 months of supply and homes sitting 93–112 days, you no longer need to decide in hours. Ask for seller concessions, request a home warranty, or negotiate a rate buy-down credit at closing. Sellers are far more willing to deal than they were a year ago.

Mortgage Rates

Rates Are Down — and Could Go Lower

The 30-year fixed rate sits around 6.2–6.4% as of May 2026 — well below the 7%+ rates buyers faced a year ago. Bankrate projects rates could dip as low as 5.7% if the Fed cuts later in 2026.

Monthly Payment at Today’s Rates

~$1,510

$303K home · 20% down · 6.2% rate · P&I only

Significantly more affordable than 12–18 months ago

Negotiating Power

Sellers Are More Flexible Than Ever

The numbers don’t lie — buyers are firmly in control at the negotiating table right now.

Pros & Cons

The Full Picture

Reasons to Buy Now

Prices down 4–18% from peak

9.4 months supply — strong leverage

Rates ~1% lower than May 2025

79% of listings had price cuts

Sellers offering closing cost credits

Wide selection at all price points

Long-term population growth

Strong rental income potential

Things to Watch

Rates above 6% — not historically cheap

Coastal insurance costs are rising

Condo segment oversupplied in places

HOA fees vary — vet carefully

STR rules vary by zone

Flood & wind risk on some properties

Correction does not equal crash protection

Where to Look

Top Neighborhoods for Spring 2026

Families

Carolina Forest

Top-rated schools, Hwy 31 access, master-planned communities.

Lifestyle

Market Common

Walkable streets, boutiques, low-maintenance condos.

Investors

North Myrtle Beach

Cherry Grove & Crescent Beach — top vacation rental potential.

Value

Conway & Surfside

New construction from ~$350K with builder incentives.

The Myrtle Beach market in Spring 2026 is about as buyer-friendly as it’s been since before the pandemic boom. Prices have softened, inventory is plentiful, and sellers are motivated.

The window is open. But it won’t stay that way forever.

A Note on Due Diligence

This analysis is meant to inform, not replace professional guidance. Every buyer’s financial situation and goals are different. Before making any real estate decision, work with a licensed agent who knows local conditions — and get pre-approved with a lender to understand your true purchasing power.

Ready to Explore Your Options?

Let’s talk about your goals and what’s available right now in the Myrtle Beach market.

Coastal Carolina Group • Myrtle Beach, SC
Data: Houzeo, Redfin, Zillow, Bankrate, NAR, MLS · Spring 2026. For informational purposes only. Not financial or real estate advice.

Is Spring 2026 a Good Time to Buy in Myrtle Beach?

by Coastal Carolina Group

Is Spring 2026 a Good Timeto Buy in Myrtle Beach?

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Is Spring 2026 a Good Time
to Buy in Myrtle Beach?