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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Greenwood was a Seller's Market.

Key Takeaway

Greenwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenwood, SC

How much do homes in Greenwood, SC cost?

Median Sold Price

$539,900

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$262,400(+94.6%)

Key Takeaway

Homes in Greenwood have sold for 94.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $198.2K$252.9K
+27.6%
4 $377.1K$564.9K
+49.8%
5+ --
N/A

Summary: Greenwood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 49.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greenwood
+94.6%
Ware Shoals-Hodges
-58.8%

Housing Supply in Greenwood, SC

How many homes are available in Greenwood, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5549-10.9%

Summary: The Greenwood real estate market had 49 homes for sale in October 2024, a 10.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2825
-10.7%
4 1814
-22.2%
5+ 33
0.0%

Summary: The Greenwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Greenwood in October 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Greenwood, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Greenwood, SC

Nearby Markets to Greenwood, SC

What housing markets are near Greenwood, SC?