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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greer is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Greer has remained a Seller's Market.

Key Takeaway

Greer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greer, SC

How much do homes in Greer, SC cost?

Median Sold Price

$353,170

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,170(+7.0%)

Key Takeaway

Homes in Greer have sold for 7% more than they did a year ago.

Summary: The median home sold price in Greer was $353,170 in November 2024, up 7% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$650K
N/A
2 $190K$220.5K
+16.1%
3 $285K$298.6K
+4.8%
4 $374.9K$433K
+15.5%
5+ $436.4K$527.4K
+20.9%

Summary: Greer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 20.9%.

Median Sold Price Compared To Nearby Cities

Taylors
+15.0%
Greer
+7.0%
Greer
+3.9%
Lyman
-1.0%
Duncan
-6.2%

Housing Supply in Greer, SC

How many homes are available in Greer, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
526542+3.0%

Summary: The Greer real estate market had 542 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3539
+11.4%
3 266280
+5.3%
4 158154
-2.5%
5+ 6769
+3.0%

Summary: The Greer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
99108+9.1%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greer, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 108 homes were sold or pending in Greer in November 2024, up by 9.1% month-over-month. Of the 100 sold homes, 56% were sold under asking, 30% were sold at asking, and 14% were sold over asking.

Days on Market for Greer, SC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days34 Days-33.4%

Summary: Homes in Greer had an average of 34 days on market in Nov 2024, down by 33.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 108 homes were sold in Greer; 13% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% 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

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