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Featured local agent — Murrells Inlet, SC
Sarah Mitchell
Compass Real Estate · Murrells Inlet, SC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Murrells Inlet, SC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$515,000median sale price
How is the Murrells Inlet, SC housing market right now?
The median home sale price in Murrells Inlet, SC is $515,000, down 6.4% year-over-year. Homes sell in an average of 73 days with 174 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Murrells Inlet a buyer's or seller's market?
Murrells Inlet, SC is currently a buyer's market, based on 6.0 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
29
Last 12 weeks
Days on market
73
Average pace
Active listings
174
6.0 months supply
Sale-to-list
97.9%
Below asking
What does the Murrells Inlet housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $515,000 |
| Median list price | $611,000 |
| Year-over-year price change | -6.4% |
| Average days on market | 73 days |
| Active inventory | 174 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $247/sq ft |
| Homes sold (latest month) | 29 |
| New listings (latest month) | 32 |
| Listings with a price cut | 26.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Murrells Inlet by property type?
How the Murrells Inlet, SC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $600,000 | $261/sq ft | 21 | 76 days |
| Condo / Co-op | $274,000 | $228/sq ft | 7 | 64 days |
| Townhouse | $280,000 | $202/sq ft | 1 | 78 days |
Source: Redfin · Updated monthly
The Murrells Inlet housing market is currently classified as a buyer's market with a median sale price of $515,000. Prices have fallen 6.4% compared to last year, with homes spending an average of 73 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Murrells Inlet
There are currently 174 homes listed for sale in Murrells Inlet, South Carolina. The median listing price is $611K.
Active listings
174
Homes on market
Median list price
$611K
Avg. days on market
73
Days until sale
New this week
32
Newly listed
Who lives in Murrells Inlet?
Population
10,087
Median income
$75,438/yr
Median age
60.4 years
Owner-occupied
84.6%
College grads
42.1%
Avg commute
22.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Murrells Inlet?
Zillow home value
$400,599
Zillow rent index
$1,887/mo
Price-to-rent ratio
17.7x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Murrells Inlet?
Murrells Inlet is a community of approximately 10K residents with a median age of 60.4 years.The median household income is $75,438, which reflects a relatively affluent area with strong earning potential. 42.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 84.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Murrells Inlet offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Murrells Inlet?
1 schools tracked · 1,880 students
The largest public schools serving Murrells Inlet, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
St. James High
Grades 9-12 · 1,880 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Murrells Inlet, SC?
Want a head-to-head view? Compare Murrells Inlet side-by-side with any other U.S. city using our market-comparison tool.
Is Murrells Inlet a good real estate investment market?
For investors evaluating Murrells Inlet, the price-to-rent ratio of 17.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Murrells Inlet's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Murrells Inlet's median home price.
Frequently asked questions
What is the average home price in Murrells Inlet?
The median home sale price in Murrells Inlet is $515,000, down 6.4% from last year.
How long do homes stay on market in Murrells Inlet?
Homes typically spend 73 days on market before going under contract.
What is the median income in Murrells Inlet?
The median household income is $75,438 per year.
Is Murrells Inlet a buyer's or seller's market?
With 6.0 months of supply, Murrells Inlet is currently a buyer's market.
What is the Zillow home value estimate for Murrells Inlet?
The Zillow Home Value Index (ZHVI) for Murrells Inlet is $400,599, representing the typical home value in the area.
What is the median condo price in Murrells Inlet?
The median condo/co-op sale price in Murrells Inlet, SC is $274,000, compared to $600,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Murrells Inlet?
The median single-family home price in Murrells Inlet, SC is $600,000 (about $261 per square foot).
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