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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenville has remained a Seller's Market.

Key Takeaway

Greenville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenville, SC

How much do homes in Greenville, SC cost?

Median Sold Price

$339,240

$153/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$25,760(-7.1%)

Key Takeaway

Homes in Greenville have sold for 7.1% less than they did a month ago.

Summary: The median home sold price in Greenville was $339,240 in April 2024, down 7.1% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $179K$199K
+11.2%
2 $258K$246.7K
-4.4%
3 $330.2K$325K
-1.6%
4 $459K$426.4K
-7.1%
5+ $700K$490K
-30.0%

Summary: Greenville housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 30%.

Median Sold Price Compared To Nearby Cities

Mauldin
+0.8%
Greenville
-7.1%

Housing Supply in Greenville, SC

How many homes are available in Greenville, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1,1271,238+9.8%

Summary: The Greenville real estate market had 1,238 homes for sale in April 2024, a 9.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2521
-16.0%
2 183209
+14.2%
3 541605
+11.8%
4 281304
+8.2%
5+ 9799
+2.1%

Summary: The Greenville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 2.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
246258+4.9%

Asking Price vs. Sold Price

133 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

59 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenville, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.

Summary: A total of 258 homes were sold or pending in Greenville in April 2024, up by 4.9% month-over-month. Of the 246 sold homes, 54% were sold under asking, 22% were sold at asking, and 24% were sold over asking.

Days on Market for Greenville, SC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
21 Days59 Days+179.8%

Summary: Homes in Greenville had an average of 59 days on market in Apr 2024, up by 179.8% compared to last month.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 258 homes were sold in Greenville; 4% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 2% 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 3 Days Ago

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