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

$344,855

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,360(+11.8%)

Key Takeaway

Homes in Greer have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Greer was $344,855 in April 2024, up 11.8% 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 $190.2K$221.5K
+16.4%
3 $273K$297.2K
+8.9%
4 $376.6K$450K
+19.5%
5+ $455.5K$638.5K
+40.2%

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 16.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 40.2%.

Median Sold Price Compared To Nearby Cities

Duncan
+12.1%
Greer
+11.8%
Greer
+9.9%
Taylors
+7.4%
Lyman
+6.8%

Housing Supply in Greer, SC

How many homes are available in Greer, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
450478+6.2%

Summary: The Greer real estate market had 478 homes for sale in April 2024, a 6.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 3526
-25.7%
3 214238
+11.2%
4 137146
+6.6%
5+ 6368
+7.9%

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 11.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 7.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
132104-21.2%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

26 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. 49.5% of homes here sold below asking price last month.

Summary: A total of 104 homes were sold or pending in Greer in April 2024, down by 21.2% month-over-month. Of the 99 sold homes, 49% were sold under asking, 26% were sold at asking, and 24% 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
39 Days33 Days-16.7%

Summary: Homes in Greer had an average of 33 days on market in Apr 2024, down by 16.7% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 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, 104 homes were sold in Greer; 13% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% 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 13 Days Ago

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