Is Greenwood, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Greenwood was a Seller's Market.

Key Takeaway

Greenwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenwood, SC

How much do homes in Greenwood, SC cost?

Median Sold Price

$386,050

-

Based on all homes sold in May 2024.

Difference Since Last Month

+$86,150(+28.7%)

Key Takeaway

Homes in Greenwood have sold for 28.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $242K$235K
-2.9%
4 $388.6K$679K
+74.7%
5+ $299.9K$549K
+83.1%

Summary: Greenwood housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 74.7%, and 5+ bedroom homes increased by 83.1%.

Median Sold Price Compared To Nearby Cities

Greenwood
+28.7%
Ware Shoals-Hodges
-87.3%

Housing Supply in Greenwood, SC

How many homes are available in Greenwood, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
70700.0%

Summary: The Greenwood real estate market had 70 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 3336
+9.1%
4 2625
-3.8%
5+ 96
-33.3%

Summary: The Greenwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwood, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Greenwood in May 2024, down by 38.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Greenwood, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Greenwood, SC

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