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 June 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

$341,533

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$37,533(+12.3%)

Key Takeaway

Homes in Greer have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Greer was $341,533 in June 2024, up 12.3% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$650K
N/A
2 $205K$249.7K
+21.8%
3 $274.8K$297.5K
+8.3%
4 $350.5K$390K
+11.3%
5+ $434K$450K
+3.7%

Summary: Greer housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Cities

Greer
+12.3%
Greer
+11.4%
Taylors
+10.8%
Duncan
+4.5%
Lyman
+4.1%

Housing Supply in Greer, SC

How many homes are available in Greer, SC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
157215+36.9%

Summary: The Greer real estate market had 215 homes for sale in June 2024, a 36.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 1011
+10.0%
3 70100
+42.9%
4 4056
+40.0%
5+ 3647
+30.6%

Summary: The Greer housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 30.6%.

Number of Homes Sold

May 2024Jun 2024CHANGE
2450+108.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greer, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 50 homes were sold or pending in Greer in June 2024, up by 108.3% month-over-month. Of the 46 sold homes, 26% were sold under asking, 50% were sold at asking, and 24% 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

Jun 2023Jun 2024CHANGE
30 Days45 Days+49.2%

Summary: Homes in Greer had an average of 45 days on market in Jun 2024, up by 49.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 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 June 2024, 50 homes were sold in Greer; 28% of homes were sold within 30 days, 22% 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 26 Days Ago

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