Market Overview
Home Prices in Murrells Inlet, SC
The median home value in Murrells Inlet, SC is $400,599 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Murrells Inlet are priced2% below average. Murrells Inlet is part of the Georgetown, SC metro area.
Over the past five years, Murrells Inlet home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
Murrells Inlet Home Price Trend
City Comparison
Murrells Inlet vs. National Median
At $400,599, homes in Murrells Inlet cost 2% below the national median of $410,000. This makes Murrells Inlet a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Murrells Inlet?
20% Down Payment
$80,120
on $400,599
Monthly P&I
$2,089/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,653/mo
incl. taxes & insurance
Income Needed
$106,120
gross annual (30% rule)
10% Down Option
$40,060
+ PMI applies
Loan Amount (20% dn)
$320,479
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Murrells Inlet, SC?
The median home value in Murrells Inlet is $400,599 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Murrells Inlet?
Over the past year, home values in Murrells Inlet have decreased by 0.3%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in Murrells Inlet?
To comfortably afford the median home price of $400,599 with a 20% down payment ($80,120) at today's rates (6.8%), you'd need a gross annual income of approximately $106,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Murrells Inlet compare to the national average home price?
The national median home value is approximately $410,000. At $400,599, homes in Murrells Inlet are 2% below the national average.
What metro area is Murrells Inlet part of?
Murrells Inlet is part of the Georgetown, SC metropolitan area. Home prices and market conditions can vary across the broader metro region.