Luxury Homes for Sale in Murrells Inlet, SC

Buying makes more sense if you plan to stay at least five years, thanks to steady equity growth driven by retiree demand. Renting first makes sense if you want to test coastal living and see how flood insurance and marsh maintenance fit your budget.

The median home price sits around $575,000, though it swings widely by property type. Condos typically run closer to $229,000, while single-family homes average around $425,000. Waterfront marsh or creek homes can reach well past $1 million.

Lenders require it to verify the property is free of termites and wood-decaying fungi. In South Carolina, sellers must complete this official Wood Infestation Report within 30 days of closing. If an active infestation or moisture damage appears, sellers typically handle the repairs or treatments.

Yes, most coastal homeowners do. Standard insurance carriers often exclude hurricane, wind, and hail perils in coastal zones. You will likely need a standalone policy or rider through the South Carolina Wind and Hail Underwriting Association (the "Wind Pool"), which includes separate named-storm deductibles.

Yes, through the South Carolina Homestead Exemption. Residents aged 65 or older, totally and permanently disabled, or legally blind, who have held legal South Carolina residency for at least one full calendar year can exempt the first $50,000 of their primary home's fair market value from local property taxes.

Because it's legally an unincorporated community and census-designated place within Georgetown County, not an incorporated city or town. That means you won't find a dedicated Murrells Inlet mayor or city council, since county government handles zoning, permitting, and most local services directly.

Yes, if you want high short-term rental yields and walkability to waterfront dining. MarshWalk homes see steady tenant and resale interest. However, if you prefer peace and quiet, look further inland or off Highway 17 Bypass for lower traffic while staying minutes from the boat ramp.