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 30 Days Ago

Newest Listings in Greer, SC

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