Murrells Inlet Real Estate
Is Moving. Here's the Proof.
Numbers don't lie — and the February 2026 market data for Murrells Inlet is telling a clear story. This zip code is shifting. Inventory is rising, days on market are climbing, and sold prices are holding steady even as the pace slows down. Whether you're watching a property in the 29576 corridor or actively preparing to list, these trends deserve your full attention right now. So let's walk through the data together — page by page, metric by metric — and talk about what it actually means for buyers and sellers on the ground today.
The Full Report — All 10 Pages
Below you'll find every page of the February 2026 RPR Market Trends report for Murrells Inlet, SC 29576. Each section covers a different piece of the market puzzle. Together, they paint a complete picture of where this market stands right now — and where it's heading.
Page 2 — Key Market Metrics at a Glance
This page delivers the headline numbers for February 2026. At 4.78 months of inventory, Murrells Inlet sits in a transitional zone — trending toward a balanced market but not yet fully there. Furthermore, the 97% sold-to-list ratio tells buyers that sellers are still holding firm on pricing. Homes don't give away easily in this zip code. Additionally, 71 median days on market represents a significant jump — up 44.9% month-over-month — which signals that buyers are taking more time to make decisions than they were just 30 days ago.
Six months of inventory is the traditional balanced-market benchmark. At 4.78 months, Murrells Inlet is approaching balance but still slightly favors sellers. Inventory is rising — up 9.13% month-over-month and 8.4% year-over-year — which gives buyers incrementally more options than they had in 2024.
On average, homes in 29576 sold for 97 cents on every dollar of list price in February. That means the typical seller accepted a 3% discount from ask. Well-priced listings in desirable locations, however, continue to close at or very near list price — some above it.
Page 3 — Median Estimated Value & Active Listings
The median estimated property value in Murrells Inlet sits at $425,910 as of February 2026 — up 3.8% over the past 12 months. That appreciation is modest but steady. Meanwhile, the active listing median list price of $394,950 (up 1.4% month-over-month) shows that sellers are pricing with measured confidence rather than aggressive ambition. Importantly, the gap between the estimated value ($425,910) and the active median list price ($394,950) suggests that well-positioned listings are still priced below estimated market value — which represents real opportunity for buyers paying attention.
“The estimated property value in Murrells Inlet is $425,910 — up 3.8% over the past year. And yet active listings are priced at $394,950. That gap is where opportunity lives.”
Pages 4 & 5 — What's Going Under Contract
New pending listings in February carried a median list price of $367,450 — down 8.1% from the prior month. That pullback is significant. It tells us that the listings actually going under contract right now are predominantly in the lower-to-mid price bands, not at the top of the market. Additionally, the end-of-month pending snapshot shows a median list price of $358,607 — down a marginal 0.2% month-over-month — confirming that buyer activity is concentrated in the sub-$400K range of this market.
When pending prices drop while inventory rises, buyers are becoming more selective. They're absorbing the lower end of available inventory first. As a result, sellers priced above $400K are waiting longer. Consequently, pricing strategy matters more in this market than it did 18 months ago.
Price your home with the pending data in mind, not the active list data. Active listings are asking prices. Pending listings are what buyers are actually agreeing to pay. Right now, that number is $367,450 median — and the spread between asking and agreeing is widening.
Page 6 — What Homes Are Actually Closing For
February 2026 closed transactions in Murrells Inlet recorded a median sold price of $390,000 — down 1% from January. That modest decline follows a multi-month plateau at or near $390K–$400K. Moreover, looking at the five-year trajectory on this chart, the overall direction remains positive — prices are substantially higher than they were in 2021 and 2022 even as near-term momentum softens. Therefore, the takeaway for sellers is this: the market hasn't reversed, but the rapid appreciation of 2021–2023 has given way to a slower, more sustainable pace.
Page 7 — Inventory Is Building. Here's Why That Matters.
Months of inventory at 4.78 in February represents a 9.1% jump from January and an 8.4% increase from this time last year. That's a meaningful acceleration in supply. To put it in context: in the peak seller's market years of 2021–2022, this number sat below 2 months across the 29576 zip code. Furthermore, as the chart on this page clearly shows, inventory has been climbing steadily since early 2024. It hasn't reached the 6-month balanced-market threshold, but the trend is unmistakable. For buyers, rising inventory means more options and more negotiating room than last year. For sellers, it means that differentiation — price, condition, presentation — matters more than it has in several years.
“Inventory in Murrells Inlet is up 8.4% year-over-year. That's not a crash — it's a correction toward balance. And balance benefits both sides of the transaction when navigated well.”
Page 8 — Sold Public Records: The Wider View
Public records data captures all transactions — not just MLS-listed sales. In February 2026, the median sold price via public records reached $420,000 — up a striking 10.5% month-over-month. That jump warrants explanation. Public records include off-market transactions, new construction closings, and sales that may not have appeared in the MLS. As a result, this figure tends to be more volatile month-to-month. Nevertheless, the long-term trend on this chart mirrors the MLS data: sustained appreciation from 2021 through 2023, followed by a plateau and modest softening heading into 2026.
Page 9 — Price vs. Volume: The Full Trend Chart
This page overlays two critical data series: median sold price against the number of sold listings, and median list price against the number of active listings. Together, these charts tell the complete story of supply, demand, and price pressure over the past 12 months. Specifically, the sold chart shows sold price holding in the $380K–$440K range with volume fluctuating between 50 and 120 transactions per month. Meanwhile, the active chart reveals that list prices have compressed into a tighter band ($370K–$440K) while active inventory has climbed steadily toward 500–600 listings. In other words: more competition at the listing level, tighter pricing, and buyers who are taking their time.
“More listings. Tighter pricing. Buyers taking their time. This is not a broken market — it's a maturing one. And maturing markets reward preparation over luck.”
The Bottom Line for Murrells Inlet Buyers and Sellers
Let's bring it all together. The February 2026 data paints a nuanced picture for zip code 29576 — one that deserves a clear-eyed read rather than a headline summary. At its core, this market is transitioning. It's moving away from the extreme seller's advantage of 2021–2023 and settling into something closer to balance. That shift creates real opportunity on both sides of the transaction — if you understand the numbers well enough to act on them strategically.
Rising inventory and longer days on market give you more choices and more leverage than buyers had 18 months ago. Properties priced at $390K or below are moving fastest — that's where pending activity is concentrated. Furthermore, the $30K gap between estimated value ($425,910) and active median list ($394,950) suggests that well-positioned listings are still priced below their estimated market value. Get your financing in order and move decisively on properties in good condition and favorable locations.
The 97% sold-to-list ratio is good news — but only if you price correctly from day one. Sellers who overprice are sitting at 71+ median days while well-priced homes still move efficiently. Additionally, with inventory up 8.4% year-over-year, presentation and pricing strategy matter more than at any point in the past three years. Condition, curb appeal, and a realistic list price tied to the pending data — not the active data — are the three variables within your control.
Median Sold Price: $390,000 (↓ 1.02% MoM) | Median Estimated Value: $425,910 (+3.8% YoY)
Months of Inventory: 4.78 (+9.1% MoM, +8.4% YoY) | Market Type: Transitioning toward balanced
Sold-to-List Ratio: 97% | Median Days on Market: 71 (+44.9% MoM)
New Pending Median List: $367,450 (↓ 8.1% MoM) | Active Median List: $394,950 (+1.4% MoM)
Public Records Median Sold: $420,000 (+10.5% MoM) | Source: RPR / Coastal Carolinas MLS, March 19, 2026
Data Disclaimer: This market analysis is sourced from Realtors Property Resource® (RPR) and the Coastal Carolinas MLS, dated March 19, 2026. Data covers Single Family + Condo/Townhouse/Apartment properties in ZIP code 29576. This analysis does not constitute a formal appraisal and may not be used for the purposes of obtaining financing in a federally related transaction. Information is deemed reliable but not guaranteed. © 2026 Realtors Property Resource® LLC. All Rights Reserved. Equal Housing Opportunity.
Market-wide data sets the context. Your property's specific location, condition, and pricing position determine the outcome. Eve runs these numbers for individual addresses every day — let's talk about yours.
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