Myrtle Beach, SC Housing Market Forecast 2026
A momentum-based outlook built from real market data: the PropertyIQ demand score, days on market, and price-cut trends — refreshed monthly, with a confidence grade. No speculation, no price targets.
PropertyIQ Score
Will Myrtle Beach, SC Home Prices Crash in 2026?
Current momentum data does not show that Myrtle Beach home prices are positioned for a crash in 2026. A crash would generally require steep, broad, and accelerating price declines. The provided figures show something milder and more mixed. The 12 month home value momentum is positive at 1.80 percent, meaning values have firmed on an annual basis. The 3 month momentum is negative at -0.64 percent, so the most recent movement has cooled. The median home value year-over-year change is reported as negative three dollars, which is effectively flat. Together these do not describe a market in freefall. At the same time, the data does not rule out continued softness because some forward indicators are weaker.
Momentum Signals
The PropertyIQ score for Myrtle Beach is 15 out of 100, with 50 representing the state average. This places the market well below the state average on demand momentum. The score drivers help explain that reading. The 12 month home value momentum of 1.80 percent shows mild annual firming, but the 3 month momentum of -0.64 percent shows recent cooling. That combination suggests the market has lost some near-term upward pressure. Median days on market at 82 days indicates homes are taking longer to sell, which is consistent with easing demand. The share of listings with a price cut is 20.9 percent, meaning roughly one in five sellers has reduced the asking price. That level signals some seller adjustment, but it is not extreme in the provided data. There are 5,800 homes for sale, but no historical inventory level or absorption rate is provided, so the supply signal cannot be judged in isolation. The overall momentum picture is one of cooling rather than sharp decline.
How Myrtle Beach, SC Compares
Against the state averages provided, Myrtle Beach stands out in several ways. The median home value is $339,754, above the state average of $306,323. The rent index is $1,709, well above the state average of $1,126. Those housing cost levels sit alongside a median household income of $64,623, which is slightly below the state average of $66,818. The unemployment rate is 5.8 percent, higher than the state average of 4.2 percent. That combination shows a market with higher home values and rents than the state, but also weaker labor market readings and slightly lower incomes. Population growth is listed as N/A, so no comparison can be made there. State averages for days on market and homes for sale are not provided, so those cannot be compared directly. No national benchmark figures were provided, so the comparison is limited to the state averages.
The Bottom Line for 2026
The 2026 momentum outlook for Myrtle Beach is cooling and soft, not crashing. The PropertyIQ score of 15 out of 100, with high confidence at grade A, signals demand momentum that is well below the state average. Annual price momentum remains mildly positive, but the recent three month reading is negative and the median home value change is essentially flat. Homes are sitting on the market longer at 82 days, and about one in five listings has a price cut. Those are signs of an easing market rather than a sharp downturn. Higher home values and rents relative to the state, combined with a higher unemployment rate and slightly lower median household income, suggest affordability pressures may remain. However, the current momentum data alone does not show evidence of a crash. It shows a market that is cooling and adjusting.
What Drives the Myrtle Beach, SC Outlook
Frequently Asked Questions
Will Myrtle Beach, SC home prices crash in 2026?
Momentum data does not predict prices, but it shows direction. Myrtle Beach, SC has a PropertyIQ Score of 15 (confidence grade F), indicating very weak demand momentum. A score of 50 equals the market's state average. PropertyIQ does not publish price-crash predictions; it tracks the demand signals that historically move first: price momentum, days on market, and the share of listings with price cuts.
What is the Myrtle Beach, SC PropertyIQ Score?
Myrtle Beach, SC currently scores 15 out of 99 (confidence grade F). The PropertyIQ Score measures demand momentum from four inputs: 12-month price momentum, 3-month price momentum, median days on market, and price-reduced share. It is calibrated so 50 equals the state average, and it is refreshed monthly.
How fast are homes selling in Myrtle Beach, SC?
The median listing in Myrtle Beach, SC currently spends 82 days on the market. Days on market is one of the four inputs to the PropertyIQ Score: shorter times signal firming demand, longer times signal easing demand.
Are Myrtle Beach, SC home prices rising or falling right now?
Over the last year, Myrtle Beach, SC home values rose 1.8%. That is measured history, not a forecast; the PropertyIQ Score combines it with days-on-market and price-cut data to read where demand is heading.
How current is this Myrtle Beach, SC forecast data?
This forecast is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ recomputes the PropertyIQ Score every month using fresh price momentum data from Zillow and fresh days-on-market and price-cut data from Realtor.com, so the score always reflects the most recently completed reporting period rather than a static snapshot.