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.
Updated August 18, 2025
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.
There were 2,554 new listings submitted to our MLS last month. That was 22.7% more than the previous year. There were 1,629 homes sold last month, a 3.2% increase year-over-year.
There were only 6,444 active real estate listings in Greenville last month. There were 4,432 active listings last year in July. That’s a 45.4% 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. 20% longer than the same time period last year.
The market trend reflects the home value index for July 2025, going back 10 years.
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.
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.
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.