Murrells Inlet, SC

Buyer's market-1.0% YoY

Housing market overview · Updated weekly

$445,000median sale price

Homes sold

25

Last 12 weeks

Days on market

175

Average pace

Active listings

137

5.5 months supply

Sale-to-list

96.5%

Below asking

The Murrells Inlet housing market is currently classified as a buyer's market with a median sale price of $445,000. Prices have fallen 1.0% compared to last year, with homes spending an average of 175 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Murrells Inlet?

The median home sale price in Murrells Inlet is $445,000, down 1.0% from last year.

How long do homes stay on market in Murrells Inlet?

Homes typically spend 175 days on market before going under contract.

Is Murrells Inlet a buyer's or seller's market?

With 5.5 months of supply, Murrells Inlet is currently a buyer's market.

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