Published October 25, 2026 in Market Update

The priciest part of Myrtle Beach is still moving quickly

CNBC reported that the monthly payment on a median-priced home took up roughly 33% of a median family's income in 2025. That is up from 26% in 2022. Buyers are stretched. And yet, in one part of this market, homes are selling faster than ever.

Pawleys Island: the highest price, the shortest wait

The Real Estate Data Aggregator counted 176 homes sold in ZIP 29585 in the three months ending August 31, 2026. The median sale price was $550,000, up 6.8% from the same months in 2025. Homes sat on the market a median of just 51 days. That is 58 days shorter than a year before.

Supply is tight there. The Real Estate Data Aggregator recorded 3.9 months of supply in 29585, down 2.8 months from a year ago. Fewer homes to choose from, and buyers are still showing up. That combination explains the price gain.

Nearly 1 in 4 homes in 29585 went under contract within two weeks of listing. The Real Estate Data Aggregator put that share at 25.7%. That is not every home, but it is a meaningful portion.

How the rest of the market compares

Not every ZIP code in this area tells the same story. Some prices dipped a little. Some homes are taking much longer to sell.

ZIP 29577 had the lowest median sale price in the group, at $250,000. The Real Estate Data Aggregator also showed that price was down 3.8% from a year ago. Homes there took a median of 100 days to sell. That is a very different experience from Pawleys Island.

Murrells Inlet (29576) had the tightest supply of any ZIP in this data. The Real Estate Data Aggregator recorded just 3.8 months of supply there, down 2.9 months from a year before. Homes sold in a median of 74 days, and sales were up 28% year over year.

What the affordability picture means here

CNBC reported that the average contract interest rate for 30-year fixed mortgages stood at 7.41% in late October 2026. That is real pressure on monthly payments. CNBC also noted that housing costs took up roughly 33% of a median family's income in 2025, up from 26% in 2022.

Even so, the Real Estate Data Aggregator shows demand holding in the tighter-supply ZIPs. Where supply sits under 4 months, prices are not falling. Where supply is higher, like 29572 at 8.5 months, sellers are waiting longer and pricing more carefully.

ZIP 29572 had 8.5 months of supply. That is a buyer's market by most measures. It is still down 1.6 months from a year ago, which is movement in the right direction. But sellers there need to price with care.

One street can read differently from the whole ZIP

These numbers cover entire ZIP codes. A few streets within any one of them can perform very differently. A home near the water, or on a quiet cul-de-sac, may move faster or slower than the ZIP average suggests.