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 September 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

$344,837

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,004(+6.2%)

Key Takeaway

Homes in Greer have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Greer was $344,837 in September 2024, up 6.2% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$650K
N/A
2 $192.5K$225K
+16.9%
3 $290K$290K
0.0%
4 $350K$390.3K
+11.5%
5+ $443.9K$500K
+12.6%

Summary: Greer housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Cities

Greer
+8.2%
Greer
+6.2%
Fairmont Mills
+5.2%
Lyman
+2.4%
Duncan
-0.3%

Housing Supply in Greer, SC

How many homes are available in Greer, SC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
613594-3.1%

Summary: The Greer real estate market had 594 homes for sale in September 2024, a 3.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 4033
-17.5%
3 314319
+1.6%
4 161165
+2.5%
5+ 9877
-21.4%

Summary: The Greer housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
136107-21.3%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

26 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, you may be able to get a good deal. 58.9% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in Greer in September 2024, down by 21.3% month-over-month. Of the 95 sold homes, 59% were sold under asking, 27% 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

Sep 2023Sep 2024CHANGE
27 Days44 Days+63.6%

Summary: Homes in Greer had an average of 44 days on market in Sep 2024, up by 63.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 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 September 2024, 107 homes were sold in Greer; 11% of homes were sold within 30 days, 9% 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 26 Days Ago

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