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 April 2023

At the same time last year, Greer was a Buyer'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

$340,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,549(+9.9%)

Key Takeaway

Homes in Greer have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Greer was $340,000 in April 2024, up 9.9% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$70.5K
N/A
2 $191.5K$219K
+14.4%
3 $275K$297K
+8.0%
4 $370K$450K
+21.6%
5+ $449K$640K
+42.5%

Summary: Greer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 42.5%.

Median Sold Price Compared To Nearby Cities

Duncan
+12.1%
Greer
+11.8%
Greer
+9.9%
Lyman
+6.8%
Fairmont Mills
-1.4%

Housing Supply in Greer, SC

How many homes are available in Greer, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
464494+6.5%

Summary: The Greer real estate market had 494 homes for sale in April 2024, a 6.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 3526
-25.7%
3 219245
+11.9%
4 142151
+6.3%
5+ 6772
+7.5%

Summary: The Greer housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
132114-13.6%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

24 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. 50.9% of homes here sold below asking price last month.

Summary: A total of 114 homes were sold or pending in Greer in April 2024, down by 13.6% month-over-month. Of the 108 sold homes, 51% were sold under asking, 27% were sold at asking, and 22% 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

Apr 2023Apr 2024CHANGE
35 Days33 Days-5.8%

Summary: Homes in Greer had an average of 33 days on market in Apr 2024, down by 5.8% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 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 April 2024, 114 homes were sold in Greer; 16% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 4% 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 Greer, SC

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