Myrtle Beach, SC home prices
Typical home $339,738 · +0.6% in a year · income needed $89,600
The Myrtle Beach, SC metro area ranks 240 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.6% in a year and +21.7% over five years. With 20% down at 7.11%, the typical home costs about $2,091 a month including 0.33% property tax (Horry County rate).
Mortgage on the typical Myrtle Beach home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $67,948 | $271,790 | $1,828 | $0 | $263 | $2,091 | $89,600 |
| 10% down | $33,974 | $305,764 | $2,057 | $127 | $263 | $2,447 | $104,900 |
| 5% down | $16,987 | $322,751 | $2,171 | $134 | $263 | $2,568 | $110,100 |
| 3.5% down (FHA) | $11,891 | $333,584 | $2,244 | $150 | $263 | $2,657 | $113,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.33% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Myrtle Beach area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Horry County, SC | $319,809 | +0.4% | 0.33% |
| Brunswick County, NC | $404,357 | +0.5% | 0.54% |
What can you afford in South Carolina on your salary? · South Carolina home prices · Salaries in South Carolina
Frequently asked questions
How much is a house in Myrtle Beach?
The typical home in the Myrtle Beach, SC metro area is worth $339,738 (Zillow, September 2026).
What salary do you need to buy a house in Myrtle Beach?
About $89,600 a year for the typical home with 20% down at 7.11%.