Published November 1, 2026 in Market Update

Another part of Myrtle Beach is moving faster, even with a small price dip

These numbers cover the three months ending August 31, 2026. The story is about ZIP 29576, which is Murrells Inlet, just south of Myrtle Beach. A small price dip did not slow buyers down. That matters if you own or are shopping there.

Sales jumped, and homes sold much faster

The Real Estate Data Aggregator counted 361 homes sold in ZIP 29576 in the three months ending August 31, 2026. That is up 28% from the same three months in 2025. More homes changed hands even as the median price slipped a little.

Speed picked up too. The Real Estate Data Aggregator put the median days on market at 74 days. That is 40 days shorter than a year before. Sellers are not waiting nearly as long.

The price dipped, but buyers kept coming

The Real Estate Data Aggregator put the median sale price in ZIP 29576 at $399,000. That is down 1.2% from a year before. A small dip, and it did not push buyers away.

For context, the Federal Housing Finance Agency reported that U.S. home prices rose 2.4% from August 2025 to August 2026. Murrells Inlet moved the other way on price, yet demand held firm.

Buyers are deciding quickly

The Real Estate Data Aggregator found that 25.9% of homes in ZIP 29576 went under contract within two weeks of listing. That share is up 4.9 points from a year before. Roughly 1 in 4 homes found a buyer fast.

Sellers also got closer to their asking price. The Real Estate Data Aggregator put the average sale-to-list ratio at 97.2%, up 0.1 points from a year ago. That is a steady result for a market where supply fell 27%.

How Murrells Inlet compares with nearby ZIPs

Not every part of the Myrtle Beach area looks the same. The Real Estate Data Aggregator shows big differences in speed and supply across ZIP codes.

ZIP 29572 had 8.5 months of supply, per the Real Estate Data Aggregator. That is more than double the 3.8 months in ZIP 29576. Buyers in 29572 have more choices and more room to negotiate.

Rates are part of the picture too

CNBC reported the average contract rate on a 30-year fixed mortgage at 7.37% as of October 28, 2026. Realtor.com noted that rates topped 7% for the first time since January 2025 in September 2026. Higher rates are a real factor for buyers across the country, including here.

Even so, buyers in Murrells Inlet kept moving. The numbers suggest that price and supply mattered more than rates in that ZIP.

One street can read very differently from the whole ZIP code. The numbers above are medians and totals. Your block, your price range and your home's condition all shift the picture. Text me and I can show you what is happening closer to home.