Greenville, SC 29611 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. $201,000 median sold price is the primary indicator of recent transaction value in 29611 and suggests modest appreciation consistent with the reported up price year-over-year trend, making sold prices the most reliable signal for valuation and comps.
2. There is a meaningful spread between the $284,900 median listing price and the $201,000 median sold price, which may indicate pricing friction and seller expectations outpacing realized market value, so list-price-driven comps should be treated cautiously.
3. The 311 median days on market points to slower sales velocity and extended marketing timelines; combined with the sample’s characterization of supply, this suggests moderate liquidity and more negotiation room for buyers rather than rapid turnover.
4. Market context shows the market temperature is neutral with rents and prices both trending up and interest rate pressure elevated, so expect steady demand undercut by higher financing costs—this creates a balanced environment where prudent pricing and financing strategies will be decisive.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.