Commercial Real Estate Market in North Myrtle Beach, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
114 active listings and 1,076 off-market properties in North Myrtle Beach, SC. Commercial property asks $559/SF to buy and $133.26/SF/Yr to lease.
Market Trends
North Myrtle Beach, SC spans 21.9 square miles in Horry County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in North Myrtle Beach, SC asks $227/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in North Myrtle Beach, SC asks $257/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in North Myrtle Beach, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in North Myrtle Beach, SC asks $266/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
North Myrtle Beach, SC has 18,897 residents in 27,559 households. Density runs 862 people per square mile. Median household income here is $71,030 and median gross rent $1,194 a month.
18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
862
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Atlantic Beach | — | — |
| Little River | — | — |
| Carolina Shores | — | — |
| Calabash | — | $28.16 |
Commercial property in North Myrtle Beach, SC asks $559/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Myrtle Beach?
Commercial property in North Myrtle Beach, SC asks an average of $559 per square foot. Multifamily carries the highest asking price at $266/SF.
How much does it cost to lease commercial space in North Myrtle Beach?
Asking lease rates in North Myrtle Beach, SC average $133.26 per square foot per year.
Where does Realmo's North Myrtle Beach market data come from?
Realmo compiles North Myrtle Beach, SC figures from 6 recent recorded sales, 96 active sale listings, 18 active lease listings, 1,076 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 96 active for-sale and 18 active for-lease listings in North Myrtle Beach, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
