Greenville, SC Housing Market Report

The Greenville, SC real estate market is currently transitioning into a more balanced environment, though it still retains a slight edge for sellers due to steady price appreciation. As of December 2025, the median home value stands at $318,309, representing a modest 1.57% increase over the previous year. The most striking shift in the market is the significant surge in active inventory, which has climbed by 31.74% year-over-year to 3,445 listings. This influx of supply provides buyers with more options than they have seen in recent years, effectively cooling the frenetic pace of competition.

Price trends over the last six months show a consistent, incremental upward trajectory, moving from $314,451 in July to the current December high. This steady growth suggests a resilient local economy and continued demand for the Upstate region. However, homes are staying on the market longer, with an average of 70 days before going under contract—a week longer than the same period last year. The sale-to-list ratio of 0.98 indicates that while sellers are still achieving near-asking prices, buyers now have more leverage to negotiate repairs or closing costs than they did during the inventory shortages of the early 2020s.

Looking ahead, the Greenville-Anderson metro area remains an attractive destination for those seeking affordability compared to national averages. For buyers, the current climate offers a rare window of high inventory and stabilizing prices, making it an opportune time to enter the market before potential seasonal spikes. Sellers, on the other hand, must be prepared for longer holding times and should focus on competitive pricing and property condition to stand out among the increased volume of active listings. The rental market remains stable with a median rent of $1,550, suggesting that the region's housing demand is supported by a healthy mix of long-term residents and newcomers.