Patricia Hensley

SC Real Estate Broker
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Myrtle Beach Condo sale stats for First Quarter 2026

By Patricia Hensley - March 30, 2026

Myrtle Beach Condo sales for First Quarter 2026 – for zip codes:
 29572, 29575, 29577, 29578, 29579, 29587, and 29588

As we close out the first quarter of 2026, the data across key zip codes—from the luxury stretches of 29572 to the suburban hubs of 29579—shows a market firmly in buyer-friendly territory.

If you are looking to buy or sell along the Grand Strand, here is the breakdown of the Q1 2026 statistics taken from combined research from our local board or realtors (CCAR), Zillow, and Realtor.com.


Q1 2026 Myrtle Beach Condo Market: Key Stats

Across the board, condo inventory is outpacing demand, leading to a significant shift in pricing and negotiation power.

Metric

Q1 2026 Average

Year-Over-Year Change

Median Sales Price

$200,000 - $340,000

-12.9%

Inventory (Months Supply)

8.1 Months

+8.0%

Average Days on Market

127 - 139 Days

+7.6%

Pending Sales

Steady/Slightly Down

-5.3%


Zip Code Breakdown: Where is the Action?

Not all zip codes are performing the same. Here’s a look at how the specific areas are trending:

29572 & 29577: Oceanfront & Luxury

These areas include the "Golden Mile" and high-rise resorts.

  • The Trend: Prices remain higher here due to oceanfront demand, but inventory is growing.
  • Insight: Roughly 42% of buyers in this segment are paying cash, insulating these zips slightly from high mortgage rates.

29579: Carolina Forest & Inland Condos

This is the "all-rounder" zip code. While single-family homes here are tight, the condo market is seeing more flexibility.

  • Median Price: Trending around $190,000 - $398,000 for inland villas.
  • Market Speed: Homes here move slightly faster than oceanfront units, averaging 72-95 days to go pending.

29575 & 29588: Surfside & South Myrtle

These areas offer some of the most affordable entry points into the market.

  • Opportunities: We are seeing inventory spikes in 29575 (Surfside Beach area), giving buyers the most leverage they’ve had in five years.

Strategic Takeaways for 2026

For Buyers: The "Golden Window"

With 8.1 months of supply, you are no longer in a "decide in hours" market. You now have weeks to compare properties. Sellers are increasingly offering concessions, such as:

  • Closing cost assistance.
  • 2-1 Rate Buy-downs (lowering your interest rate for the first two years).
  • Agreeing to repairs discovered during inspections.

For Sellers: Price it Right or Sit

Overpricing is the biggest mistake in the current Q1 climate. Approximately 50% of condo listings are currently expiring without a sale because they are not aligned with the new $200k-$240k median range. To sell, you must focus on "Day 1" presentation and aggressive pricing.


The Bottom Line

The Myrtle Beach condo market isn't "crashing"—it’s normalizing. After years of unsustainable growth, the 12.9% price correction is bringing affordability back to the Grand Strand.

Would you like me to pull a specific comparative market analysis (CMA) for one of these zip codes to see how your property value stands?  Contact Me for a Free Review.

 

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