April 2025 Greenville Real Estate Statistics

Here's the latest update on the Greenville real estate market. This page is updated every month to keep a running archive of Greenville's real estate statistics from our local MLS. If you're moving to Greenville and have questions about Greenville real estate market, don't hesitate to contact us. We'd love to discuss in detail the activities in our local market. If you're on the market to sell your home or buy a home, this data will help you gauge if it's a good time to sell or buy.

The Current State of the Real Estate Market in Greenville

Updated May 14, 2024

NOTE: The average sales price is the combined average of all sold properties in greater Greenville for the same time period. The median home price is the most common sales price of all the homes sold in greater Greenville from our last month’s sales in April 2025.

Price Trend in Greenville Real Estate Market

The market trend reflects the home value index for April2025, going back 10 years.

Historical Inventory of Homes for Sale by Month in Greenville Real Estate Market

Is Greenville in a buyer’s or seller’s market right now?

Greenville is a BALANCED market in April 2025

Greenville’s housing market is shifting this spring — and if you're buying or selling, here’s what you need to know:

Inventory Is Way Up: There are now 5,681 homes for sale in Greenville — that’s a 44% increase compared to last year. More homes on the market means buyers have more choices and sellers are facing more competition.

More Homes Being Listed: New listings rose 12.6%, meaning more homeowners are putting their homes up for sale. This increase in inventory gives buyers breathing room that hasn't been seen in a while.

Home Prices Are Nudging Up: Even with slower buyer activity, prices are still inching higher. The median home price in Greenville rose 1.6% to $315,000. While this is a modest increase, it shows the market is still holding value.

Homes Still Selling But Slower: On average, homes are staying on the market 48 days, up slightly from last year. This isn’t a huge jump, but sellers should expect it may take longer to find a buyer.

Closed Sales Are Up: Closed sales in Greenville saw a positive trend, increasing by 9.6% to 1,531 homes sold. This suggests that deals that are closing are steady and even improving. This could indicate growing confidence among committed buyers and sellers working to finalize transactions.

WHAT TO EXPECT

Greenville’s market is becoming more balanced. Buyers now have more options and a bit more time to make decisions. Sellers, on the other hand, need to price their homes competitively and be patient. The market is still active, but it’s not moving at last year’s pace. We’re moving toward a more balanced market where both sides have to adjust expectations. Keep an eye on how these trends evolve in the coming months! Whether you're looking to make a move or just keeping an eye on trends, these shifts offer opportunities for all sides.

Is it a good time to buy a home in Greenville, SC?

As the rising costs of homeownership caused some volatility in demand as more buyers find themselves unable to afford the much higher payment, home prices will likely stay even though the demand has lessened.

Whether this is a good time for you to buy a house in Greenville or not depends on your financial situation, goals, and readiness to become a homeowner. If your situation needs to buy a home now, it pays if you understand what you can actually afford. Shop for mortgage rates and find the best lender that will offer you the best financing option.

In this balanced market, sellers are more inclined to give concessions to attract more buyers. It is one of those times buyers should take advantage of. Therefore, it's essential to have a good Greenville realtor and mortgage lender to help navigate through this market.

*Based on information from GGAR, for the period April 1, 2025, through April 30, 2025.