What to know before you move: cost, market timing, who it fits.
If you're considering a move to North Myrtle Beach, SC, the most important variables are the local housing market, the cost structure (taxes, insurance, utilities), and how well the city fits your day-to-day life. This page summarizes the housing market read; pair it with the cost of living page for the full picture.
North Myrtle Beach is a city in Horry County, South Carolina, with an estimated population of 20,798. It anchors the Myrtle Beach-Conway-North Myrtle Beach metro area. The population has grown 2.6% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in North Myrtle Beach is $389,999 as of 2026-04, down 2.0% over the last 12 months. Over the last five years, home values have averaged +6.5% annual growth (-6.2% from the 5-year peak). Rents in North Myrtle Beach average $1,816 per month, up 20.2% year-over-year. The composite momentum score is 66 of 100 (Rising). The market is healthy with prices supported by underlying demand.
Quiet strength: prices near or at all-time highs (-6.2% from 5-year peak). Solid market for owner-occupiers; investors should underwrite conservatively given the elevated entry point.
Reasons people move here
- People are voting with their feet: population growing 2.6% per year since 2020 — that's faster than ~80% of US cities.
- Healthy 5-year run: +6.5% annualized over 5 years, outpacing US inflation.
- Hot rental market: rents up 20.2% YoY — landlords have pricing power, supports new investment math.
Things to know first
- Cooling: -2.0% over the trailing year — momentum has stalled.
- Rental squeeze: rents up 20.2% YoY — tenants face tough renewals. Affordability deteriorating fast.
More about North Myrtle Beach
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.