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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Greenwood was a Buyer's Market.

Key Takeaway

Greenwood 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 Greenwood, SC

How much do homes in Greenwood, SC cost?

Median Sold Price

$283,500

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$76,500(+37.0%)

Key Takeaway

Homes in Greenwood have sold for 37% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$130K
N/A
3 $200K$264.9K
+32.5%
4 $280.6K$334.8K
+19.3%
5+ $314.5K$575K
+82.8%

Summary: Greenwood housing prices by bedroom type for March 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 32.5%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 82.8%.

Housing Supply in Greenwood, SC

How many homes are available in Greenwood, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5464+18.5%

Summary: The Greenwood real estate market had 64 homes for sale in March 2024, a 18.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 2728
+3.7%
4 1824
+33.3%
5+ 77
0.0%

Summary: The Greenwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Greenwood in March 2024, up by 66.7% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Greenwood, SC

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenwood has remained consistent over time.

Summary: During March 2024, 10 homes were sold in Greenwood; 0% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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 18 Days Ago

Newest Listings in Greenwood, SC

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