Your Real Estate Market Update For
Plantation Lakes
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Plantation Lakes Market Updates
How Marketing and Innovation Will Get YOU more money and the best terms when selling your home with Beach Properties Group
Plantation Lakes Real Estate Market Update – April 2026
Thinking about buying or selling in Plantation Lakes? Here’s what’s happening in the neighborhood right now.
Plantation Lakes Market Snapshot:
Over the past 30 days:
- Homes Sold: 3
- Average Sales Price: $800,000
- Average Days on Market: 76 days
- Current Active Listings: 11
- Pending Sales: 6
- Average Sold Price per Sq Ft: $258.93
Inventory remains is increasing, which means more of a buyer market in this community right now.
Current as of 06/16/2026 - Source: Coastal Carolina Multiple Listing Service (MLS)
What This Means for Plantation Lakes Homeowners
Over the past 30 days, only 3 homes sold in Plantation Lakes while 11 homes remain active and 6 are currently pending, indicating buyer activity has increased even as inventory levels have remained relatively steady.
The average sales price came in at approximately $800,000, with homes averaging around 76 days on market before selling. While buyers are still making purchases, they appear to be taking more time to evaluate options and negotiate favorable terms.
The average sold price of $258.93 per square foot provides a strong benchmark for current home values within Plantation Lakes and highlights the importance of accurate pricing in today's market.
Compared to the previous month, active inventory remained unchanged at 11 homes, while pending sales increased from 4 to 6 homes, suggesting more buyers are entering the market. However, average days on market increased from 40 days to 76 days, and average price per square foot declined from $279.25 to $258.93, indicating buyers may be gaining additional negotiating leverage.
Overall, Plantation Lakes remains a more balanced market than the aggressive seller's market seen in previous years. Homes that are priced correctly, presented well, and marketed effectively continue to have the best opportunity to attract serious buyers and achieve strong results.
If you're curious how your specific home compares to the most recent sales, request your custom Plantation Lakes home value report below.
Recent Sales in Plantation Lakes
243 Welcome Dr - Sold: $590,000 - Days on Market: 86
8472 Juxa Dr - Sold: $650,000 - Days on Market: 178
9445 Carrington Dr - Sold: $1,160,000 - Days on Market: 32
Want to know what your Plantation Lakes home is worth in today’s market?
Local Market Update
National Market Update
Seller Tips
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The Marketing Plan
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30 Day Plan to Prepare Your Home for Sale
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The Complete Guide to Selling A Home
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What to Expect in The First 14 Days of Selling
Preparing for a possible move? Click below to check out our moving checklist to get your whole house ready for the next home!
Learn more about the Plantation Lakes Map of Comparable Listings
Want to know what is happening throughout Carolina Forest? Click below for a full live schedule of local events around town!
PLANTATION LAKES STATS & LOCAL INFO
Click here for the local crime report.
Click here for the census data.
Click here for the Plantation Lakes report card from Niche.
Community Highlights
Top 5 Things To Do In Myrtle Beach
Top 3
pizzerias
Best Breakfast
Place
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Carolina forest
Knowledge Perk
Coffee
Visit our blogs for more real estate tips, home tips, and local information!
What Is a Mortgage Payoff When Selling a Home in Myrtle Beach, SC?
If you're planning to sell your home in Myrtle Beach, one of the biggest financial factors affecting your proceeds is your mortgage payoff.
Many homeowners know they still owe money on their loan, but they are often surprised to learn how the payoff process works during a real estate transaction.
A mortgage payoff is the amount required to completely pay off your existing home loan when the property sells.
Understanding your payoff amount before listing helps you estimate your actual proceeds and avoid surprises at closing.
Brian Staub is a real estate agent in Myrtle Beach, South Carolina helping homeowners sell with clarity and confidence. As part of Beach Properties Group, one of the top-producing real estate teams in the Grand Strand based on both sales volume and homes sold, Brian brings more than 20 years of Myrtle Beach market experience and 17 years of experience as a home improvement contractor and new construction agent to help sellers maximize their proceeds and make informed decisions throughout the selling process.
The First Step: Know Your Home's Current Value
Before you can estimate your mortgage payoff impact, you need to know what your home could realistically sell for in today's market.
Your home's market value determines:
available equity
estimated proceeds
negotiating leverage
pricing strategy
Get your free Myrtle Beach home value estimate here:
Learn how value affects your sale in our article explaining what market value means when selling a home in Myrtle Beach
What Is a Mortgage Payoff?
A mortgage payoff is the total amount needed to satisfy your mortgage loan completely.
This amount may include:
remaining loan balance
accrued interest
lender fees
payoff processing fees
Once the mortgage payoff is completed at closing, the lender releases its claim against the property.
The home can then transfer to the new owner free of that mortgage obligation.
Why Mortgage Payoff Matters When Selling
Many sellers focus entirely on their home's market value.
However, what truly matters is how much money remains after paying off the mortgage.
For example:
Sale Price: $500,000
Mortgage Payoff: $275,000
Seller Closing Costs: $35,000
Estimated Net Proceeds: $190,000
This is why understanding your payoff amount early is critical.
Learn more in our guide explaining what net proceeds mean when selling a home in Myrtle Beach
With more than 20 years helping sellers throughout Myrtle Beach and the Grand Strand, Brian Staub and Beach Properties Group help homeowners evaluate their equity position before listing so they understand exactly where they stand financially.
If you would like a personalized estimate of your net proceeds based on your current mortgage balance, you can schedule a time here:
https://booking.beachpropertiesgroup.com/seller
How Do You Find Your Mortgage Payoff Amount?
Your mortgage payoff amount is usually different from the balance shown on your monthly statement.
To obtain the exact payoff amount, your lender prepares an official payoff statement.
The payoff statement typically includes:
principal balance
unpaid interest
lender fees
payoff expiration date
Your closing attorney will request this information during the transaction.
What Happens to the Mortgage at Closing?
During closing, the attorney uses proceeds from the sale to pay off your mortgage directly.
The process generally looks like this:
buyer funds closing
mortgage payoff is sent to lender
lender releases lien
remaining proceeds are distributed to seller
The seller does not typically write a check to the lender.
The payoff is handled automatically through the closing process.
Learn how ownership transfers after payoff in our article explaining what a deed means when selling a home in Myrtle Beach
Can You Sell a Home Before It's Paid Off?
Absolutely.
Most homeowners sell their property while they still have an active mortgage.
As long as the sales price covers:
mortgage payoff
closing costs
transaction expenses
the sale can proceed normally.
This is one of the most common questions sellers ask before listing.
How Mortgage Payoff Affects Net Proceeds
Your mortgage payoff is often the largest deduction from your sale proceeds.
Other deductions may include:
commissions
closing costs
seller concessions
taxes
HOA fees
The remaining amount becomes your net proceeds.
Learn more in our guide explaining seller closing costs when selling a home in Myrtle Beach
Learn how concessions affect your bottom line in our article explaining what seller concessions mean when selling a home in Myrtle Beach
Because Beach Properties Group consistently ranks among the top-producing teams in Myrtle Beach and the Grand Strand based on both units sold and sales volume, Brian Staub and his team help sellers understand these financial numbers before they ever accept an offer.
What If Your Mortgage Payoff Is Higher Than Expected?
Sometimes sellers are surprised by:
accrued interest
escrow adjustments
lender fees
second mortgages
home equity loans
This is why reviewing payoff information early is important.
A clear understanding of your financial position helps avoid last-minute surprises.
With Brian's 17 years of contractor experience and more than two decades of Myrtle Beach real estate experience, he helps homeowners evaluate not only what they owe, but also opportunities to increase value before selling.
If you would like help evaluating your home's current value versus your estimated payoff amount, you can schedule a time here:
https://booking.beachpropertiesgroup.com/seller
How Home Improvements Can Affect Equity
Not every home improvement adds value.
Knowing which repairs, updates, and improvements may increase market value can sometimes improve the equity position available after mortgage payoff.
Common projects that may impact value include:
exterior improvements
kitchen updates
flooring replacement
paint and cosmetic updates
deferred maintenance corrections
This is particularly important for homeowners considering selling in today's market.
Real Example: Mortgage Payoff in Myrtle Beach
Imagine a homeowner sells their property for $600,000.
At closing:
mortgage payoff equals $310,000
closing costs equal $42,000
concessions total $5,000
The remaining proceeds are distributed to the seller.
Understanding these numbers before listing helps create realistic expectations and stronger financial planning.
Working with a top-producing local team like Beach Properties Group helps sellers understand these figures before negotiations even begin.
You can also browse homes currently available throughout Myrtle Beach and the Grand Strand here:
See Available Homes for Sale in Myrtle Beach
Common Mortgage Payoff Mistakes Sellers Make
Assuming the mortgage balance equals the payoff amount
The payoff amount is often higher than the balance shown online.
Ignoring second loans or home equity lines
Additional liens affect proceeds.
Waiting until closing to calculate equity
Early planning creates better decisions.
Focusing only on sale price
Net proceeds are ultimately what matter.
How Sellers Can Prepare for Mortgage Payoff
To prepare effectively:
request a payoff estimate
understand current equity
review outstanding loans
estimate closing costs
evaluate likely proceeds
Preparation helps reduce stress and improve planning.
You can also search homes throughout Myrtle Beach and the Grand Strand here:
FAQs About Mortgage Payoff
What is a mortgage payoff?
It is the total amount required to fully satisfy your mortgage loan.
Does the payoff amount change daily?
Yes. Interest continues to accrue until the loan is paid off.
Can I sell my home if I still have a mortgage?
Yes. Most homeowners sell before the mortgage is fully paid.
Who pays off the mortgage at closing?
The closing attorney handles the payoff using sale proceeds.
Want to Know Your Estimated Equity?
Your mortgage payoff is only one part of the equation.
To determine how much money you could potentially walk away with, you first need an accurate estimate of your home's current market value.
Get your free Myrtle Beach home value estimate here:
Once you know your estimated value, you can better understand:
your available equity
estimated mortgage payoff impact
potential closing costs
likely net proceeds
Final Thoughts
Mortgage payoff is one of the most important financial components of a home sale because it directly affects how much money you ultimately receive.
Understanding your payoff amount early helps you plan effectively and avoid surprises during the transaction.
Next Steps
If you are considering selling your home in Myrtle Beach and want to understand your equity position, estimated mortgage payoff, and likely net proceeds before listing, having accurate numbers upfront can make the entire process much easier.
If you would like a personalized estimate based on your property's value and current mortgage balance, schedule a time that works best for you here:
https://booking.beachpropertiesgroup.com/seller
Brian Staub is a real estate agent in Myrtle Beach, South Carolina helping homeowners sell with clarity and confidence.
Brian Staub
Beach Properties Group Keller Williams
601 21st Ave N, Myrtle Beach, SC 29577
(843) 385-6630
https://beachpropertiesgroup.com/
Congratulations For joining and welcome to the virtual seller seminar for Plantation Lakes
If you're either thinking about selling or already made the decision to sell your house, but you still have questions or concerns regarding the process, price or anything else - let me tell you:
You're in the right place.
This free seller seminar is giving you the exact step by step blueprint on everything you need so you can get clarity on everything A-Z and guide to you make the best decision in selling your home for top dollar.
You will learn about timelines and timing, marketing your home, pricing your home, negotiations, and so much more.
Take a look around and let us know how we can help you.
Hi I'm
Jeremy Jackson
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Discover how to sell your home Faster and To get top dollar!
Enjoy the latest & most up-to-date marketing & sales tactics to sell your home fast, for top dollar.
"Will your home pass the test before going to market?"
Learn how to sell your home for top dollar right now
You may need to make a few changes before selling
Pre-Market Timelines
"Let's talk about the timelines before listing a home with us."
What you should expect when getting your home ready to sell
How to maximize the return on your investment
Timing
"How quickly will my home sell? This is a common question we get."
Learn about the market climate and absorption rates
The market climate will determine how quickly your home will sell
Marketing Your Home
"The importance of marketing your home properly."
Digital marketing exposes your property to the masses
Negotiation will be key in selling you home
Pricing your home is not as easy as checking Zillow
Home Valuation
"How do you determine what your house is worth?"
Pricing your home right
Factors to consider are size, condition, location, marketing, and negotiating
Underpricing and overpricing your home will cause you to lose money
Is Zillow Accurate?
"Should I use Zillow as an accurate evaluation of my home’s value?"
Zillow is an algorithm based on public data
Zillow has never seen the inside of your home and it’s a computer
Zillow comes up with the value based upon what your neighbors are selling for
What to Disclose?
To disclose or not to disclose
This is vital to ensure that you are safe during and after the sale
Over-disclosure is better than under-disclosure
Receiving Offers
"How do you know if you should accept the offer you just got?"
What if you don't receive the amount of offers you were hoping for?
What happens if we have more than one offer?
Good Time to Sell?
"Are we heading into a recession and is now a good time to buy and sell?"
If you're fearful of selling due to a recession, you may want to think again
Remember, it's all relative
Negotiations
"How to negotiate like a master to make sure you get the most out of your home?"
How to get top dollar when selling
Walking away with the most amount of money in your pocket
Inspections?!
"Should you get inspections done prior to listing my home?"
The advantages of having inspections done prior to listing
Saves you time and money
Curb Appeal
How to make a good first impression
How to get maximum exposure and top dollar
There are simple tricks that can save you money and maximize the return on your investment at the same time
Should I Take the First Offer?
NO NO NO!
The goal is for your home to be seen by the masses
Then, to get the highest and best price and terms for your home
What Are Contingencies?
"When a buyer has made an offer on a home and the seller has accepted it but the final sale is contingent on certain criteria being met."
This criteria, or contingencies, typically fall under four major categories: appraisal, loan approval, inspections and reports & disclosures
Contigency Timeframes
"Now we're in contract prior to contingencies being removed. Now we're in business."
The buyer now will secure their loan, have their inspections on the property, and review all of the reports and disclosures
Want a free Home Value Report?
Go to the next page to request a free home value report for your specific home.
Brian Staub | Realtor® & Team Leader
License #55751
Meet Brian Staub
As one of the top 10% of realtors in Myrtle Beach, Brian Staub, Team Leader of Beach Properties Group has sold over 650+ homes and over 140+ million in closed volume since entering the field in 2006.
As the Owner and Team Leader of Beach Properties Group, he has put together an unbeatable team whose primary focus and goals are to assure our clients are fully informed, and educated prior to selling or buying a property to minimize their risk and to maximize on their investments resulting in happy, satisfied, repeat clients and life long friends.
Originally Brian started out as a home improvement contractor and real estate investor himself. Brian’s love for the housing industry and serving others has followed him into his real estate business starting in 2006. He always remains ahead of the trend curve and constantly strives to improve and evolve him and his team to stay at the top of the industry.
Brian’s ultimate goal is serving and helping his clients, family, friends, fellow agents, and his community making a positive difference in any way he can.
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WHAT PEOPLE ARE SAYING ABOUT BEACH PROPERTIES GROUP
"Brian Staub is an excellent realtor."
He is very knowledgeable on what he is showing and answered all questions we asked. I would definitely recommend him if you need to buy or sell a property.
- Barbara Y.
"Brian was absolutely amazing through out this whole experience"
"for me especially as a first time home buyer I could not have asked for a better agent to have helped me through this process!"
- Josephine C.
"Brian has been my realtor for almost 17 years."
He has also been the realtor for all 3 of my son's and there families. There is no one else that I would consider using to buy or sell a home.