Murrells Inlet Housing Market Report December 2024Georgetown County, South Carolina

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Housing Prices in Murrells Inlet, SC

How much do homes in Murrells Inlet, SC cost?

Housing Market Conditions

Is Murrells Inlet, SC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Murrells Inlet is a Buyer's Market

Difference Since December 2023

At the same time last year, Murrells Inlet was a Seller's Market.

Insight

Murrells Inlet is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$377,666$232/SqFt
-$4,359
-1.1%

Based on all homes sold in the last 12 months

Insight

Homes in Murrells Inlet have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Murrells Inlet was $377,666 in December 2024, down 1.1% from last year, and the median price per square foot was $232.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Surfside Beach
+6.1%
Waccamaw Neck
+2.4%
Murrells Inlet
-1.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$262.5K$242.5K
-7.6%
2$272.5K$294.9K
+8.2%
3$370K$361.3K
-2.3%
4$548.5K$564.9K
+3.0%
5$864K$892.5K
+3.3%

Summary: Murrells Inlet housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -7.6%. The home price for 2 bedroom homes increased by +8.2%. The home price for 3 bedroom homes decreased by -2.3%. The home price for 4 bedroom homes increased by +3.0%. The home price for 5 bedroom homes increased by +3.3%.

Housing supply in Murrells Inlet, SC

How many homes are available in Murrells Inlet, SC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
420Last MonthDec 2024
4352 months agoNov 2024
-3.4 %
Change MoMNov – Dec

Summary: The Murrells Inlet real estate market had 420 homes for sale in Dec 2024, a 3.4 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
58Last MonthDec 2024
602 months agoNov 2024
-3.3 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
12323
0.0%
27670
-7.9%
3237230
-3.0%
45655
-1.8%
54342
-2.3%

Summary: Murrells Inlet housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -7.9%. The inventory for 3 bedroom homes decreased by -3.0%. The inventory for 4 bedroom homes decreased by -1.8%. The inventory for 5 bedroom homes decreased by -2.3%.

Asking Price vs. Sold Price

How much do homes in Murrells Inlet, SC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price7 Homes

Under Asking Price49 Homes

Insight

If you're buying a home in Murrells Inlet, you may be able to get a good deal. 84.5% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Murrells Inlet in December 2024, down by 3.3% month-over-month. Of the 58 sold homes, 84% were sold under asking, 12% were sold at asking, and and 3% were sold over asking.

Days on Market for Murrells Inlet, SC

How long does it take to sell a home in Murrells Inlet, SC?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days30 Homes

Over 90 Days25 Homes

Insight

Avg time on Rocket Homes in Murrells Inlet has remained consistent over time.

Summary: During December 2024, 58 homes were sold in Murrells Inlet; 3% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
100 DaysThis YearDec 2024
86 Days1 year agoDec 2023
+15.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Murrells Inlet had an average listing age of 100 days in Dec 2024, up by 15.4% compared to the previous year.

Newest Listings in Murrells Inlet, SC

What homes are available in Murrells Inlet, SC?

MLS Disclaimers and Copyright

Based on information from Coastal Carolinas MLS, CHS MLS, Canopy MLS, Greater Greenville MLS, and Consolidated Multiple Listing Service Inc. for the period 01/01/2023 - 01/01/2025

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
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Last updated on: 1/17/2025, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2025 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Consolidated Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright© 2025 Consolidated Multiple Listing Service (CMLS). All Rights Reserved.

Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Consolidated MLS®. This information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a consumer may be interested in purchasing. This web site may reference real estate listing(s) held by a brokerage firm other than Consolidated Multiple Listing Service. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.