Is Greenville, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greenville was a Buyer's Market.

Key Takeaway

Greenville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Greenville, SC

How much do homes in Greenville, SC cost?

Median Sold Price

$353,819

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,369(+7.4%)

Key Takeaway

Homes in Greenville have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Greenville was $353,819 in November 2024, up 7.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $315K$375K
+19.0%
2 $221K$250K
+13.1%
3 $304K$324.9K
+6.9%
4 $360K$435K
+20.8%
5+ $439.9K$463.5K
+5.4%

Summary: Greenville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Cities

Mauldin
+15.0%
Greenville
+7.4%

Housing Supply in Greenville, SC

How many homes are available in Greenville, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,0971,133+3.3%

Summary: The Greenville real estate market had 1,133 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3231
-3.1%
2 183183
0.0%
3 569589
+3.5%
4 262269
+2.7%
5+ 5161
+19.6%

Summary: The Greenville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 19.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
233190-18.5%

Asking Price vs. Sold Price

100 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

37 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenville, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.

Summary: A total of 190 homes were sold or pending in Greenville in November 2024, down by 18.5% month-over-month. Of the 179 sold homes, 56% were sold under asking, 23% were sold at asking, and 21% were sold over asking.

Days on Market for Greenville, SC

How long does it take to sell a home in Greenville, SC?

Average Sale Time

Nov 2023Nov 2024CHANGE
76 Days30 Days-60.1%

Summary: Homes in Greenville had an average of 30 days on market in Nov 2024, down by 60.1% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 190 homes were sold in Greenville; 7% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Greenville, SC

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