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

$339,650

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$34,650(+11.4%)

Key Takeaway

Homes in Greer have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Greer was $339,650 in June 2024, up 11.4% 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 $192.5K$249.7K
+29.7%
3 $276.1K$290K
+5.0%
4 $350K$390K
+11.4%
5+ $449K$450K
0.2%

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 29.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Greer
+12.3%
Greer
+11.4%
Duncan
+4.5%
Lyman
+4.1%
Fairmont Mills
+0.7%

Housing Supply in Greer, SC

How many homes are available in Greer, SC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
189249+31.7%

Summary: The Greer real estate market had 249 homes for sale in June 2024, a 31.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 94127
+35.1%
4 4561
+35.6%
5+ 4050
+25.0%

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 11.1%, 3 bedroom homes increased by 35.1%, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

May 2024Jun 2024CHANGE
2761+125.9%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

13 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. 44.6% of homes here sold near the asking price last month.

Summary: A total of 61 homes were sold or pending in Greer in June 2024, up by 125.9% month-over-month. Of the 56 sold homes, 32% were sold under asking, 45% were sold at asking, and 23% 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
28 Days46 Days+62.4%

Summary: Homes in Greer had an average of 46 days on market in Jun 2024, up by 62.4% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 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, 61 homes were sold in Greer; 31% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 13% 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 Greer, SC

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