Myrtle Beach VA Loan Rates, Closing Costs & Stats

MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Myrtle Beach's 209 lenders originated 3,921 VA loans during 2021. The total origination value was $1,021,915,000, with an average VA loan value of $260,626.

Myrtle Beach VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Myrtle Beach averaged 6.89% for the week of 2022-12-02, compared to the national average (all VA variants) of 6.292% for the same period.

Myrtle Beach's average VA mortgage closing costs are $4,893.

The average rate for the prior week (2022-11-25) was 6.93% and one month ago for the week of 2022-10-28, the average rate was 7.12%.

The average rate one year ago was 3.6%.

For refis of the same type during the week of 2022-12-02, the average rate was 6.6%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Myrtle Beach VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Myrtle Beach level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 365 2.43% $4,171
Mortgage Research Center, LLC 356 2.85% $5,592
FREEDOM MORTGAGE CORPORATION 285 2.42% $2,855
PENNYMAC LOAN SERVICES, LLC 162 2.41% $5,476
NEW DAY FINANCIAL, LLC 153 2.72% $7,978
GUILD MORTGAGE COMPANY 107 2.84% $5,574
DHI MORTGAGE COMPANY, LTD. 99 2.69% $6,060
LOANDEPOT.COM, LLC 90 2.53% $5,037
NAVY FEDERAL CREDIT UNION 86 2.51% $5,021
USAA Federal Savings Bank 86 2.93% $4,224
GUARANTEED RATE, INC. 85 2.60% $4,133
MOVEMENT MORTGAGE, LLC 65 2.91% $4,665
VILLAGE CAPITAL MORTGAGE 64 2.27% $3,780
LAKEVIEW LOAN SERVICING, LLC 57 2.51% $2,318
CALIBER HOME LOANS, INC. 56 2.59% $4,696
UNITED WHOLESALE MORTGAGE, LLC 51 2.58% $7,217
CLEARPATH LENDING 49 2.27% $4,630
Wells Fargo Bank 45 2.62% $4,065
Mr. Cooper ( Nationstar Mortgage ) 44 2.69% $4,142
T2 FINANCIAL LLC 36 3.21% $5,783
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 35 2.89% $5,961
PENTAGON FEDERAL CREDIT UNION 31 2.40% $1,940
Barrington Bank & Trust Company, N.A. 31 2.83% $5,191
Flagstar Bank, FSB 31 2.77% $6,542
HOME POINT FINANCIAL CORPORATION 27 2.49% $4,069
TIDEWATER MORTGAGE SERVICES, INC. 27 2.73% $6,452
PULTE MORTGAGE LLC 26 2.95% $3,650
The Federal Savings Bank 25 2.53% $8,769
Gateway First Bank 24 2.88% $5,379
EAGLE HOME MORTGAGE, LLC 24 3.05% $4,018
NEWREZ LLC 24 2.60% $5,099
Low VA Rates, LLC 24 2.31% $4,433
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 23 2.86% $5,920
Alpha Mortgage Corporation 22 3.02% $8,771
Truist 22 2.80% $4,631
CMG MORTGAGE, INC. 21 2.76% $8,706
ANGEL OAK HOME LOANS LLC 21 2.79% $6,276
RESIDENTIAL MORTGAGE SERVICES, INC. 20 2.95% $5,084
AMERICAN FINANCIAL NETWORK, INC. 19 2.61% $6,038
VANDERBILT MORTGAGE AND FINANCE, INC. 18 2.92% $4,721
US MORTGAGE CORPORATION 18 2.94% $5,200
UNION HOME MORTGAGE CORP. 18 2.60% $7,216
Carrington Mortgage Services, LLC 17 3.21% $3,586
CROSSCOUNTRY MORTGAGE, LLC 16 2.80% $8,084
MUTUAL OF OMAHA MORTGAGE, INC. 15 2.72% $6,595
AMERISAVE MORTGAGE CORPORATION 15 2.58% $5,639
First Federal Bank 15 3.02% $6,914
First Guaranty Mortgage Corporation 14 2.42% $4,291
BROKER SOLUTIONS, INC. 14 2.92% $6,679
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 14 3.17% $8,909
Princeton Mortgage Corporation 13 2.97% $10,320
SUN WEST MORTGAGE COMPANY, INC. 13 2.40% $5,420
INTERCOASTAL MORTGAGE COMPANY 13 2.59% $3,996
North American Savings Bank, F.S.B. 12 2.49% $6,052
NP, Inc. 12 2.41% $4,929
NBKC BANK 12 2.63% $6,738
South State Bank 12 2.54% $4,510
American Security Mortgage Corp. 11 2.57% $8,585
PLANET HOME LENDING, LLC 10 2.59% $2,051
United Bank 9 2.63% $3,735
MORTGAGE SOLUTIONS OF COLORADO, LLC 9 3.56% $3,454
Towne Bank 9 2.44% $7,141
EQUITY RESOURCES, INC. 9 2.54% $5,213
First-Citizens Bank & Trust Company 8 2.55% $3,571
HOMEBRIDGE FINANCIAL SERVICES, INC. 8 2.86% $11,261
HOMESIDE FINANCIAL, LLC 8 2.81% $8,031
InterContinental Capital Group, Inc 8 2.59% $4,410
ACCELERATE MORTGAGE, LLC 8 2.25% $5,546
Citizens Bank 8 2.45% $4,790
LENDUS, LLC 8 2.56% $9,403
BNC National Bank 8 2.30% $5,948
CORNERSTONE HOME LENDING, INC. 8 2.92% $3,894
CITY FIRST MORTGAGE SERVICES, L.L.C. 7 3.34% $6,617
SUCCESS MORTGAGE PARTNERS, INC. 7 3.09% $4,102
Ameris Bank 7 2.80% $5,455
GUARANTY HOME MORTGAGE CORPORATION 7 2.61% $6,520
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 2.93% $4,269
ON Q FINANCIAL, INC. 7 2.77% $6,674
Renasant Bank 7 3.00% $6,749
RAPID MORTGAGE COMPANY 7 3.00% $7,071
Magnolia Bank 7 2.82% $6,947
Mid-Continent Funding, Inc. 7 2.68% $8,432
Blue Ridge Bank 6 2.48% $7,744
TJC Mortgage, Inc. 6 2.27% $4,719
HOMESTEAD FUNDING CORP. 6 3.04% $4,099
LEADERONE FINANCIAL CORPORATION 6 2.75% $3,509
FINANCE OF AMERICA MORTGAGE LLC 6 2.67% $7,180
Nations Lending Corporation 5 3.03% $8,815
NFM, INC. 5 3.13% $4,495
First Home Bank 5 2.78% $4,111
CALCON MUTUAL MORTGAGE LLC 5 3.55% $9,379
PNC Bank 5 2.80% $7,293
GENEVA FINANCIAL, LLC 5 3.15% $6,262
JET HOMELOANS, LLC 5 2.92% $10,003
Wyndham Capital Mortgage, Inc. 4 2.44% $4,916
Northpointe Bank 4 2.81% $3,393
MCLEAN MORTGAGE CORPORATION 4 2.78% $4,686
Prosperity Home Mortgage, LLC 4 2.72% $5,107
RELIANCE FIRST CAPITAL, LLC 4 2.63% $7,684
First Bank 4 2.34% $5,486
SOVEREIGN LENDING GROUP INCORPORATED 4 2.41% $4,727
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.09% $7,645
PLAZA HOME MORTGAGE, INC. 4 2.34% $2,163
Lakeview Community Capital, LLC 4 2.66% $2,541
North State Bank 4 2.56% $1,708
United Community Bank 3 2.71% $8,479
Paramount Residential Mortgage Group, Inc. 3 3.38% $5,647
Platinum Home Mortgage Corporation 3 3.25% $3,180
Alcova Mortgage LLC 3 2.42% $6,367
Colten Mortgage, LLC 3 2.88% $3,973
Bank of England 3 2.67% $5,330
HOMESPIRE MORTGAGE CORPORATION 3 3.25% $9,472
INSPIRE HOME LOANS INC. 3 3.08% $4,663
TBI MORTGAGE COMPANY 3 2.83% $8,599
EMBRACE HOME LOANS, INC. 3 2.29% $2,953
AMERICAN FINANCING CORPORATION 3 2.38% $2,543
CONTOUR MORTGAGE CORPORATION 3 2.92% $3,918
U.S. Bank 3 2.50% $2,964
MID AMERICA MORTGAGE, INC. 3 2.71% $1,699
TOWNE MORTGAGE COMPANY 3 2.87% $32,445
SOUTHWEST FUNDING, LP 3 3.83% $6,890
First National Bank of Pennsylvania 3 2.79% $6,801
George Mason Mortgage, LLC 3 2.37% $8,145
STEARNS LENDING, LLC 3 2.33% $4,392
1ST FINANCIAL, INC. 2 3.06% $2,085
AmeriHome Mortgage Company, LLC 2 2.93% $1,297
Armed Forces Bank 2 2.50% $1,686
CAPITAL CENTER, L.L.C. 2 2.69% $7,377
Capital City Home Loans, LLC 2 2.25% $7,459
CERTAINTY HOME LOANS, LLC 2 3.06% $8,888
CHURCHILL MORTGAGE CORPORATION 2 2.31% $2,440
CityWorth Mortgage LLC 2 2.19% $5,798
Credence Funding Corporation 2 2.25% $1,758
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 2.69% $8,451
FirstBank 2 2.75% $3,405
First Palmetto Bank 2 2.94% $2,789
GoPrime Mortgage, Inc. 2 3.44% $2,710
GUARANTEED RATE AFFINITY, LLC 2 2.38% $956
HAMILTON HOME LOANS, INC. 2 2.81% $6,097
KELLER MORTGAGE, LLC 2 2.50% $1,956
LADERA LENDING, INC. 2 2.50% $3,064
LIBERTY HOME MORTGAGE CORPORATION 2 2.75% $12,494
Meridian Bank Corporation 2 2.44% $3,141
M&T Bank 2 2.44% $3,608
Network Funding, L.P. 2 2.94% $4,126
OCMBC, INC. 2 2.38% $5,855
Pinnacle Bank 2 2.69% $5,103
POLARIS HOME FUNDING CORP. 2 3.00% $8,559
PRIMARY RESIDENTIAL MORTGAGE, INC. 2 3.00% $2,770
RESOURCE FINANCIAL SERVICES, INC. 2 2.25% $8,954
Service Federal Credit Union 2 2.75% $5,104
SOUTHERN TRUST MORTGAGE, LLC 2 3.50% $3,598
Strong Home Mortgage, LLC 2 2.25% $533
THE MORTGAGE FIRM, INC. 2 2.99% $11,911
UNITED SECURITY FINANCIAL CORP 2 2.00% $6,358
NATION ONE MORTGAGE CORPORATION 1 3.75% $8,735
PROPER RATE, LLC 1 3.00% $4,333
MORIA DEVELOPMENT, INC. 1 3.13% $17,129
LOANPAL, LLC 1 2.63% $8,485
LAND HOME FINANCIAL SERVICES, INC. 1 3.63% $14,978
JET DIRECT FUNDING CORP 1 2.63% $7,811
INTERCAP LENDING INC. 1 2.25% $2,531
Hometown Lenders, Inc. 1 4.25% $4,868
RESIDENTIAL HOME FUNDING CORP. 1 2.75% $980
Goldwater Bank, N.A. 1 2.25% $8,098
Victorian Finance, LLC 1 2.50% $17,712
ROYAL UNITED MORTGAGE LLC 1 2.88% $5,871
Sandy Spring Bank 1 2.63% $4,078
SeaTrust Mortgage Company 1 2.25% $2,608
APEX HOME LOANS, INC. 1 2.88% $6,656
SIWELL, INC. 1 2.75% $2,274
Southern Bank and Trust Company 1 2.38% $9,633
AMERICAN ADVISORS GROUP 1 3.25% $5,453
First Savings Bank 1 2.25% $2,273
First Reliance Bank 1 2.50% $2,072
SOUTHWEST STAGE FUNDING, LLC 1 3.88% $50
First Horizon Bank 1 3.00% $13,562
FIRST HOME MORTGAGE CORPORATION 1 2.63% $2,842
Stride Bank 1 3.75% $11,242
West Town Bank & Trust 1 3.13% $3,390
First Heritage Mortgage, LLC 1 2.25% $22,017
First Federal Bank of Kansas City 1 2.75% $2,785
FIRST COMMUNITY MORTGAGE, INC. 1 2.25% $2,944
FAMILY FIRST FUNDING LLC 1 3.50% $15,328
Texana Bank 1 2.63% $7,157
EVERETT FINANCIAL, INC. 1 2.75% $2,192
The Huntington National Bank 1 2.50% $6,563
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.25% $6,037
EVANSVILLE TEACHERS 1 2.63% $7,992
Equity Prime Mortgage LLC 1 2.75% $1,546
East Coast Capital Corp. 1 2.88% $5,473
CRESCENT MORTGAGE COMPANY 1 2.75% $1,472
CIS Financial Services, Inc. 1 3.50% $3,094
C & F Mortgage Corporation 1 2.63% $3,055
Capital Bank 1 2.38% $3,791
BOND STREET MORTGAGE, LLC 1 2.62% $2,492
ZILLOW HOME LOANS, LLC 1 2.38% $8,175
Bell Bank 1 2.88% $20,679
BAY CAPITAL MORTGAGE CORPORATION 1 2.38% $1,054
Atlantic Union Bank 1 2.50% $0
Atlantic Coast Mortgage, LLC 1 2.63% $11,428
OVM FINANCIAL, INC. 1 2.25% $0
NTFN, INC. 1 2.88% $14,439
NATIONS RELIABLE LENDING, LLC 1 2.75% $4,395
ARC HOME LLC 1 2.50% $8,520
PREMIA MORTGAGE, LLC 1 2.88% $3,816
Presidential Bank, FSB 1 2.38% $4,802
Vellum Mortgage, Inc. 1 2.25% $3,609
NATIONS DIRECT MORTGAGE, LLC 1 2.75% $13,228

The top Myrtle Beach VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 365 VA loans originated. Their average total fees are $4,171, which is $1,421 lower than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Myrtle Beach VA lenders (with over 10 loans originated) are PENTAGON FEDERAL CREDIT UNION ($1,940), PLANET HOME LENDING, LLC ($2,051), LAKEVIEW LOAN SERVICING, LLC ($2,318), FREEDOM MORTGAGE CORPORATION ($2,855) and Carrington Mortgage Services, LLC ($3,586).

The lowest rate Myrtle Beach VA lenders (with over 10 loans originated) are VILLAGE CAPITAL MORTGAGE (2.27%), CLEARPATH LENDING (2.27%), Low VA Rates, LLC (2.31%), PENTAGON FEDERAL CREDIT UNION (2.40%) and SUN WEST MORTGAGE COMPANY, INC. (2.40%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Myrtle Beach (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $245,000 (6.7%) $318,087 (7.5%) 0.91 6,610
2018-02-01 $247,010 (7.4%) $316,124 (6.3%) 0.90 6,798
2018-03-01 $249,000 (6.0%) $319,238 (5.6%) 0.87 6,998
2018-04-01 $249,900 (4.6%) $326,101 (4.8%) 0.85 7,008
2018-05-01 $252,101 (5.1%) $329,196 (4.6%) 0.84 6,940
2018-06-01 $259,900 (7.9%) $335,106 (4.2%) 0.87 6,839
2018-07-01 $260,000 (6.2%) $335,343 (4.9%) 0.87 6,687
2018-08-01 $259,000 (5.3%) $332,029 (3.2%) 0.87 6,738
2018-09-01 $257,500 (3.4%) $332,211 (2.8%) 0.86 6,654
2018-10-01 $249,975 (0.8%) $324,579 (0.8%) 0.84 6,640
2018-11-01 $251,238 (2.6%) $323,868 (0.5%) 0.85 6,610
2018-12-01 $250,000 (2.0%) $321,102 (0.0%) 0.86 6,573
2019-01-01 $251,468 (2.6%) $319,223 (0.4%) 0.87 6,504
2019-02-01 $252,900 (2.4%) $321,933 (1.8%) 0.85 6,767
2019-03-01 $255,329 (2.5%) $324,319 (1.6%) 0.83 6,989
2019-04-01 $259,900 (4.0%) $327,992 (0.6%) 0.83 7,190
2019-05-01 $264,200 (4.8%) $334,489 (1.6%) 0.83 7,142
2019-06-01 $263,500 (1.4%) $334,247 (-0.3%) 0.82 7,100
2019-07-01 $259,923 (0.0%) $333,782 (-0.5%) 0.81 7,017
2019-08-01 $262,035 (1.2%) $335,700 (1.1%) 0.83 6,935
2019-09-01 $265,239 (3.0%) $336,700 (1.4%) 0.85 6,862
2019-10-01 $266,451 (6.6%) $336,706 (3.7%) 0.86 6,816
2019-11-01 $265,000 (5.5%) $336,391 (3.9%) 0.87 6,776
2019-12-01 $264,900 (6.0%) $334,947 (4.3%) 0.88 6,576
2020-01-01 $259,900 (3.4%) $331,012 (3.7%) 0.87 6,358
2020-02-01 $260,000 (2.8%) $331,914 (3.1%) 0.85 6,393
2020-03-01 $260,950 (2.2%) $334,899 (3.3%) 0.82 6,588
2020-04-01 $259,450 (-0.2%) $330,293 (0.7%) 0.81 6,864
2020-05-01 $260,000 (-1.6%) $335,874 (0.4%) 0.79 6,630
2020-06-01 $264,900 (0.5%) $338,529 (1.3%) 0.78 5,950
2020-07-01 $262,195 (0.9%) $338,682 (1.5%) 0.76 5,613
2020-08-01 $259,900 (-0.8%) $338,075 (0.7%) 0.74 5,397
2020-09-01 $259,900 (-2.0%) $340,391 (1.1%) 0.74 5,064
2020-10-01 $261,990 (-1.7%) $345,381 (2.6%) 0.75 4,821
2020-11-01 $263,085 (-0.7%) $344,189 (2.3%) 0.77 4,556
2020-12-01 $259,900 (-1.9%) $339,608 (1.4%) 0.77 4,429
2021-01-01 $258,399 (-0.6%) $336,468 (1.7%) 0.77 4,059
2021-02-01 $259,900 (0.0%) $341,386 (2.9%) 0.76 3,429
2021-03-01 $271,950 (4.2%) $358,467 (7.0%) 0.77 2,909
2021-04-01 $287,225 (10.7%) $380,644 (15.2%) 0.78 2,447
2021-05-01 $308,990 (18.8%) $415,336 (23.7%) 0.82 1,966
2021-06-01 $327,400 (23.6%) $437,725 (29.3%) 0.86 1,876
2021-07-01 $358,725 (36.8%) $455,021 (34.4%) 0.94 1,961
2021-08-01 $354,855 (36.5%) $454,964 (34.6%) 0.95 2,205
2021-09-01 $351,505 (35.3%) $451,652 (32.7%) 0.94 2,325
2021-10-01 $364,900 (39.3%) $463,467 (34.2%) 0.97 2,372
2021-11-01 $363,378 (38.1%) $463,999 (34.8%) 0.97 2,291
2021-12-01 $369,200 (42.1%) $467,113 (37.5%) 1.00 1,990
2022-01-01 $369,900 (43.2%) $471,151 (40.0%) 1.00 1,779
2022-02-01 $387,948 (49.3%) $509,787 (49.3%) 1.01 1,362
2022-03-01 $399,281 (46.8%) $520,302 (45.2%) 1.00 1,361
2022-04-01 $395,000 (37.5%) $521,046 (36.9%) 0.94 1,572
2022-05-01 $389,450 (26.0%) $513,194 (23.6%) 0.89 2,160
2022-06-01 $389,250 (18.9%) $509,267 (16.3%) 0.87 2,716
2022-07-01 $382,990 (6.8%) $498,036 (9.5%) 0.87 3,350
2022-08-01 $381,204 (7.4%) $487,971 (7.3%) 0.88 3,659
2022-09-01 $382,450 (8.8%) $486,335 (7.7%) 0.90 3,923
2022-10-01 $379,000 (3.9%) $480,326 (3.6%) 0.89 4,167
2022-11-01 $373,471 (2.8%) $470,015 (1.3%) 0.90 4,457
Myrtle Beach's median listing price for 2022-11-01 was $373,471, a difference of $10,093 (2.8%) versus the prior year and $-5,529 versus the prior month.

Myrtle Beach's median listing price comes in at 90% of the national average.

Myrtle Beach's average listing price for 2022-11-01 was $470,015, a difference of $6,016 (1.3%) versus the prior year and $-10,311 versus the prior month.

For the 2022-11-01 period, Myrtle Beach had 4,457 MLS listings, a difference of 290 listings (7%) versus the prior month and 2,166 listings (95%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Myrtle Beach (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 108 days 1,701 sqft
2018-02-01 105 days 1,700 sqft
2018-03-01 94 days 1,701 sqft
2018-04-01 83 days 1,701 sqft
2018-05-01 83 days 1,701 sqft
2018-06-01 89 days 1,701 sqft
2018-07-01 95 days 1,701 sqft
2018-08-01 93 days 1,701 sqft
2018-09-01 100 days 1,701 sqft
2018-10-01 103 days 1,647 sqft
2018-11-01 105 days 1,648 sqft
2018-12-01 115 days 1,651 sqft
2019-01-01 106 days 1,623 sqft
2019-02-01 100 days 1,603 sqft
2019-03-01 91 days 1,559 sqft
2019-04-01 83 days 1,501 sqft
2019-05-01 87 days 1,507 sqft
2019-06-01 92 days 1,550 sqft
2019-07-01 93 days 1,594 sqft
2019-08-01 93 days 1,601 sqft
2019-09-01 93 days 1,601 sqft
2019-10-01 95 days 1,601 sqft
2019-11-01 96 days 1,601 sqft
2019-12-01 102 days 1,650 sqft
2020-01-01 107 days 1,650 sqft
2020-02-01 102 days 1,650 sqft
2020-03-01 85 days 1,650 sqft
2020-04-01 85 days 1,650 sqft
2020-05-01 94 days 1,650 sqft
2020-06-01 102 days 1,676 sqft
2020-07-01 98 days 1,676 sqft
2020-08-01 81 days 1,657 sqft
2020-09-01 80 days 1,649 sqft
2020-10-01 80 days 1,647 sqft
2020-11-01 80 days 1,631 sqft
2020-12-01 82 days 1,618 sqft
2021-01-01 86 days 1,601 sqft
2021-02-01 84 days 1,587 sqft
2021-03-01 67 days 1,592 sqft
2021-04-01 60 days 1,640 sqft
2021-05-01 52 days 1,654 sqft
2021-06-01 44 days 1,671 sqft
2021-07-01 42 days 1,710 sqft
2021-08-01 37 days 1,720 sqft
2021-09-01 41 days 1,731 sqft
2021-10-01 44 days 1,825 sqft
2021-11-01 46 days 1,801 sqft
2021-12-01 58 days 1,807 sqft
2022-01-01 66 days 1,817 sqft
2022-02-01 51 days 1,807 sqft
2022-03-01 38 days 1,799 sqft
2022-04-01 30 days 1,725 sqft
2022-05-01 28 days 1,708 sqft
2022-06-01 34 days 1,700 sqft
2022-07-01 40 days 1,670 sqft
2022-08-01 46 days 1,672 sqft
2022-09-01 53 days 1,691 sqft
2022-10-01 59 days 1,702 sqft
2022-11-01 66 days 1,702 sqft
Myrtle Beach's median listing age (time on market) for 2022-11-01 was 66 days. This is 45% longer than the same period one year ago.

Myrtle Beach's median square footage for active listings during the 2022-11-01 period was 1,702 sqft. One year prior, the average listing was 1,801 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.