Myrtle Beach Real Estate Market Update – April 2026
Executive Summary of the April 2026 Market
The Myrtle Beach real estate market continued shifting toward balance this April as inventory increased, prices stabilized, and buyer activity strengthened in key segments across the Grand Strand.
Three trends stood out this month:
Inventory rose to 5.4 months of supply
Median home price stabilized near $315,000
New construction demand strengthened with 32.5% absorption
At the same time, condos and townhomes reached 8.1 months of inventory, creating more negotiating opportunities for buyers in that segment.
Overall, the Myrtle Beach market is transitioning from a strong seller advantage toward a more balanced environment.
Home Prices Across Myrtle Beach
The April median price reached $315,000, slightly higher than March but still below January’s early-year peak.
Recent monthly movement:
January: $326,730
February: $321,440
March: $314,290
April: $315,000
This pattern reflects stabilization rather than decline.
Single-family resale homes remain the strongest segment, with a median price of $387,000, while new construction sits near $352,000.
Condos averaged $225,000, continuing to provide one of the most accessible entry points into the Myrtle Beach market.
Manufactured homes remained the most affordable category at $185,000.
Inventory Is Rising Across the Grand Strand
Inventory has increased each month so far in 2026:
January: 4.7 months
February: 5.0 months
March: 5.1 months
April: 5.4 months
That steady climb signals a transition toward a healthier and more balanced housing environment.
Segment breakdown:
Single-family resale: 4.9 months
New construction: 3.0 months
Condos and townhomes: 8.1 months
Manufactured homes: 7.2 months
New construction remains the tightest category, which explains why builder demand remains strong this spring.
Meanwhile, condos have clearly shifted into buyer-friendly territory.
Buyer Activity Is Improving This Spring
Several indicators suggest buyer confidence is returning despite interest-rate volatility.
New construction absorption increased to 32.5%
Single-family resale homes averaged 94 days on market
Showings-to-pending ratios remained steady across property types
Buyers are still selective, but they are active.
More listings are entering the market, and buyers are taking advantage of expanded options compared with earlier this year.
Mortgage Rates and Affordability in April 2026
Mortgage rates remain one of the biggest drivers of market activity right now.
Recent averages:
30-year conforming: about 6.27%
FHA loans: about 6.07%
VA loans: about 5.92%
15-year loans: about 5.69%
Rates continue to move within the mid-6% range as global inflation pressures and geopolitical uncertainty influence lending markets.
If you'd like to monitor mortgage trends yourself, two reliable sources include:
https://www.mortgagenewsdaily.com/mortgage-rates
https://www.freddiemac.com/pmms
What This Means for Buyers in Myrtle Beach
Buyers entering the market this spring are seeing better conditions than earlier this year.
Inventory is higher
Negotiation opportunities are expanding
Condo selection is improving
Monthly payments remain lower than last year’s peak borrowing environment
Waiting for rates to drop further may increase competition later this summer if more buyers return to the market at once.
If you're thinking about buying along the Grand Strand this year, reach out to Brian Staub for a personalized strategy based on your timeline and price range before competition increases.
https://booking.beachpropertiesgroup.com/buyer
What This Means for Sellers Right Now
Sellers still hold strong positioning, especially in the single-family resale category.
However, rising inventory means strategy matters more than it did just a few months ago.
Homes priced correctly at launch continue selling quickly.
Homes entering the market above value expectations are sitting longer.
Preparation, presentation, and marketing exposure are becoming increasingly important as we move into peak listing season.
Month-Over-Month Changes From March to April
Inventory increased from 5.1 to 5.4 months
Median price rose from $314,290 to $315,000
New construction absorption improved from 27.9% to 32.5%
Resale days on market dropped from 99 to 94 days
Condo inventory increased from 7.6 to 8.1 months
Manufactured housing supply rose from 6.9 to 7.2 months
These shifts confirm the spring market is bringing both more listings and stronger activity.
What Makes the Grand Strand Market Unique Right Now
Unlike many inland markets, Myrtle Beach continues benefiting from relocation demand, retirement migration, second-home purchases, short-term rental investment interest, and coastal lifestyle appeal.
These long-term drivers continue supporting home values even as inventory expands.
30–90 Day Market Outlook
Looking ahead into summer 2026:
inventory will likely continue rising
buyer activity should increase seasonally
new construction will remain competitive
condos will stay negotiation-friendly
interest rates will remain the biggest wildcard
Overall, the Myrtle Beach housing market is moving toward stability rather than slowdown.
Why Local Experience Matters in This Market
Brian Staub is a real estate agent in Myrtle Beach, South Carolina helping people buy with clarity and confidence across the Grand Strand.
With more than 20 years of experience in the Myrtle Beach real estate market and 17 years as a general home improvement contractor and new construction specialist, Brian brings a perspective most agents simply cannot offer.
That background allows buyers to better evaluate construction quality, renovation potential, and long-term value before making decisions.
It also helps sellers position properties more effectively before listing.
If you want to know what your home is worth in today’s changing market, request a custom pricing analysis from Brian Staub before inventory rises further this summer.
