Murrells Inlet, SC Home Values & Market Trends
Real estate market trends reflect that there have been 1,178 transactions over the past year in Murrells Inlet. The median value for residential home transactions that occurred over the previous year is $392,043.34. The number of current listings in Murrells Inlet is 244, and the percentage of properties for sale in the city is 244.00%. Murrells Inlet, SC currently has 13 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 244 properties for sale.
Murrells Inlet, SC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 29576 | $ 358,407 $ 221/sqft |
Housing Market Summary for Murrells Inlet, SC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $389.9K | $368.4K | -5.51% |
| Median Sold Price | $357.2K | $368.4K | 3.14% |
| Homes For Sale | 167 | 256 | 53.29% |
| Homes Sold | 531 | 615 | 15.82% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Murrells Inlet, SC
Murrells Inlet home values range from $35,840 to $6,450,898. The median estimated value of a home in Murrells Inlet is $392,043.34. The median list price of a home is 355,000, and the total count of properties in the city is 20,952.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Murrells Inlet, SC with 29576 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Murrells Inlet, SC; of that zips, the estimated home value for pre-foreclosure homes ranges from $843,204 in 29576 to the lowest home value of $224,383 in 29576.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Murrells Inlet, SC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Murrells Inlet, SC. There is 1 zips within Murrells Inlet, SC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions29576 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Murrells Inlet, SC. Auction homes and other auction properties account for 0.02% of all properties in Murrells Inlet, SC. There is 1 zips within Murrells Inlet, SC; of that zips, the median estimated home value for homes going to auction ranges from $338,109 in 29576 to the lowest value of $199,610 in 29576.
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Guide for Murrells Inlet, SC
The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.
South Carolina Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.