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Home Buying, Home SellingPublished August 18, 2025
July 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 August 18, 2024
July 2025 Greenville Real Estate Statistics |
| Average Sales Price $401,093 |
Median Sales Price $331,644 |
| *1% year-over-year increase Average Sales Price in July 2024: $397,200 |
*2% year-over-year increase Median Sales Price in July 2024: $324,990 |
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 July 2025.
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New vs. Sold Listings 2,584 vs. 1,639 July 2024 New Listings: 2,082 |
Inventory of Homes 5,823 Inventory of Home in July 2024: 4,433 *31.4% y-o-year increase |
Days on Market 48 Days July 2024: 40 Days |
| There were 2,584 new listings submitted to our MLS last month. That was 24.1% more than the previous year. There were 1,639 homes sold last month, a 3.9% increase year-over-year. | There were only 5,823 active real estate listings in Greenville last month. There were 4,433 active listings last year in July. That’s a 31.4% increase in available homes for sale from the same time a year ago. |
The average days on the market for homes listed in July 2025 was 48 days. That’s 20% longer than the same time period last year.
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Price Trend in Greenville Real Estate Market
The market trend reflects the home value index for July 2025, going back 10 years.
Historical Inventory of Homes for Sale by Month in Greenville Real Estate Market
source: GGAR
Is Greenville in a buyer’s or seller’s market right now?
Greenville is a BALANCED market in July 2025
Greenville’s housing market is shifting, with more homes for sale and buyers taking longer to make decisions. While the national numbers from the National Association of REALTORS® (NAR) show a slowdown, the local story here in Greenville gives us a clearer picture of what’s really happening.
More Homes Hitting the Market: New listings in Greenville rose 22.7%, which means more homeowners are putting their properties up for sale. This is great news for buyers who may have felt limited in past years when inventory was tight.
Big Jump in Inventory: The total number of homes available climbed 45.4%, reaching 6,444 units. That’s a major increase and gives buyers many more choices. For sellers, this means more competition and the need to price homes carefully.
More Sellers Listing Their Homes: New listings rose 18.7%, showing that more homeowners are trying to sell. This boost in supply could help balance the market, especially for buyers who’ve been waiting for more variety.
Home Prices Are Nudging Up: Even with slower sales, home prices are holding strong. The median sales price in Greenville increased 2.0% to $331,644. This steady rise shows that demand is still there, even if buyers are moving more slowly.
Homes Taking Longer to Sell: Homes are taking about 48 days to sell, up 20% from last year. This means homes aren’t selling as quickly as before, but they are still moving at a reasonable pace compared to other markets.
Closed Sales Slightly Up: Closed sales in Greenville saw a positive trend, increasing by 3.2% to 1,629 homes sold. While modest, this uptick highlights buyer confidence and steady interest in the local market. This growth points to a healthy balance of supply and demand as more options reach buyers.
WHAT TO EXPECT
Greenville’s balanced market is a welcome shift — more inventory, more time to decide, and still relatively stable prices. For sellers, it’s still a good market, but pricing competitively and being patient is key. Greenville is no longer the ultra-fast, seller-dominated market it was a couple of years ago. Instead, it’s becoming more balanced, which benefits both 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 July 1, 2025, through July 31, 2025.
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