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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenwood has remained a Neutral Market.

Key Takeaway

Greenwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Greenwood, SC

How much do homes in Greenwood, SC cost?

Median Sold Price

$304,945

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$67,855(-18.2%)

Key Takeaway

Homes in Greenwood have sold for 18.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $130K-
N/A
3 $264.9K$246.5K
-6.9%
4 $397.8K$388.6K
-2.3%
5+ $575K$304.9K
-47.0%

Summary: Greenwood housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 47%.

Housing Supply in Greenwood, SC

How many homes are available in Greenwood, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6370+11.1%

Summary: The Greenwood real estate market had 70 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2833
+17.9%
4 2326
+13.0%
5+ 99
0.0%

Summary: The Greenwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 13%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
10100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwood, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Greenwood in April 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.

Days on Market for Greenwood, SC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
93 Days36 Days-60.9%

Summary: Homes in Greenwood had an average of 36 days on market in Apr 2024, down by 60.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenwood has remained consistent over time.

Summary: During April 2024, 10 homes were sold in Greenwood; 10% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Greenwood, SC

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