Market Intelligence Report — SC-680

Murrells Inlet, SC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-SC-08
As of the latest 2026 data
Cooling

Median Listing

$450K
-2.5% YoY

Pending Ratio

0.37
+5.0% YoY

Active Inventory

560
+4.7% YoY

Median DOM

86 Days
+3.6% YoY

Primary Intelligence Tool — Sold Score™

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The Murrells Inlet market currently exhibits cooling dynamics, characterized by a pending ratio of 0.37, indicating that demand absorption is lagging supply. This is further evidenced by a median listing price decline of 5.4% month-over-month, alongside a modest 4.7% year-over-year increase in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Murrells Inlet market right now.

Active listings have expanded by 4.7% over the past year, contributing to a broader deceleration in market velocity. Concurrently, the median listing price has experienced a 2.5% decrease year-over-year and a more pronounced 5.4% decline month-over-month, suggesting a recalibration in pricing expectations. While new listings remained flat year-over-year, the pending ratio has seen a 5.0% increase year-over-year from a low base, yet remains at 0.37, indicating limited absorption. Median days on market have also extended by 3.6% year-over-year, to 86 days.

Historical Analysis

Market Trends

Median Price

$450K-5.4% MoM

Active Inventory

560+4.7% YoY

Days on Market

86+3.6% YoY

Sold Score™

47+5.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

47
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In the current environment, the extended median days on market at 86 days, coupled with a 20.0% share of price-reduced listings, indicates that buyers have more opportunity for price discipline. The relatively low pending ratio of 0.37 suggests that demand is not intensely pressuring available inventory, allowing for a more deliberate pace in transaction negotiations.

Luxury Segment

Elevated average listing prices, up 8.6% year-over-year, contrast with a modest 3.0% increase in median $/sqft and overall declining median listing prices, potentially indicating some softness at higher price points within the market segment. The significant spread between the average listing price of $780,695 and the median listing price of $450,000 suggests that more expensive properties are taking longer to absorb or are undergoing price adjustments.

Supply Dynamics

560 active listings represent the current floor, with new supply arriving at roughly 136 per month.

Pricing Pressure
20.0%

of active listings carry a price reduction, -2.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +3.0% year-over-year.

Absorption
0.37

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Murrells Inlet, SC? Buyer Demand Index is running at 37%.

Buyers have leverage in Murrells Inlet, SC. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
37%
Median Days on Market
86 days
Inventory YoY
+5%

In a buyer's market, strategy beats timing. See how your home scores in Murrells Inlet, SC and what moves the number.

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Metro Demographics

Metro Area
Murrells Inlet, SC
CBSA Code
34680
State
SC
Analysis FAQ
  • What is the current market condition in Murrells Inlet?+

    As of the latest 2026 data, the Murrells Inlet metro is classified as Cooling. Pending ratio is 0.37 with median days on market at 86.

  • Are home prices dropping in Murrells Inlet?+

    Median listing price is $450K, -2.5% year over year. 20.0% of active listings carry a price reduction.

  • How fast are homes selling in Murrells Inlet?+

    The typical listing sits 86 days on market, a +3.6% change YoY. New listings are arriving at 136 per month.

  • What's happening in the Murrells Inlet luxury market?+

    Elevated average listing prices, up 8.6% year-over-year, contrast with a modest 3.0% increase in median $/sqft and overall declining median listing prices, potentially indicating some softness at higher price points within the market segment. The significant spread between the average listing price of $780,695 and the median listing price of $450,000 suggests that more expensive properties are taking longer to absorb or are undergoing price adjustments.

  • Where can I find a trusted Murrells Inlet real estate expert?+

    Primpted maintains a vetted registry of Murrells Inlet agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 34680 · 36mo history