Property Intelligence Report — Myrtle Beach, South Carolina

Myrtle Beach has grown into a substantial market with over 356,000 residents, and the real estate here reflects a maturing coastal community. The median home value of $235,000 puts it in reach for many buyers seeking oceanside property without the astronomical price tags of other resort areas. With three-quarters of homes owner-occupied, you're looking at a stable neighborhood dynamic rather than a transient vacation rental market—though seasonal tourism definitely shapes the local economy and traffic patterns.

The median household income of $59,880 suggests a working-to-middle-class demographic, which typically means fewer empty investment properties and more genuine community investment. About 24 percent of residents hold bachelor's degrees or higher, so you'll find a mix of retirees, young families, and service industry workers supporting the tourism sector. From a practical standpoint, the area sits in EPA Radon Zone 2 (moderate), so radon testing during any inspection makes sense. Earthquake risk is essentially nonexistent here—the region experienced zero seismic events in the last decade. Hurricane preparedness, though, remains a legitimate consideration for any coastal South Carolina purchase, particularly during Atlantic storm season.